Citaglobal unit wins contract worth about RM 52.1 million for Thailand waste-to-energy project
Bitget2026/10/05 10:18Citaglobal’s unit LAWI Engineering accepted a Letter of Award from Siam Power for a Thailand waste-to-energy project worth RM 52.1 million. Scope covers EPC of a steam boiler plant, plus basic engineering for the power plant’s technology component. Import portion totals EUR 6,325,500, equivalent to about RM 29 million; local portion totals THB 189,630,600, equivalent to about RM 23.1 million. Boiler island targets commercial operation 13 months from Sept. 30, 2026. Key risks flagged include normal execution exposure, plus foreign-exchange risk tied to the euro-denominated import portion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citaglobal Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712164) on October 05, 2026, and is solely responsible for the information contained therein.
- Citaglobal’s unit LAWI Engineering accepted a Letter of Award from Siam Power for a Thailand waste-to-energy project worth RM 52.1 million.
- Scope covers EPC of a steam boiler plant, plus basic engineering for the power plant’s technology component.
- Import portion totals EUR 6,325,500, equivalent to about RM 29 million; local portion totals THB 189,630,600, equivalent to about RM 23.1 million.
- Boiler island targets commercial operation 13 months from Sept. 30, 2026.
- Key risks flagged include normal execution exposure, plus foreign-exchange risk tied to the euro-denominated import portion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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