Mestron Holdings Bhd, a Malaysian company, has secured a significant RM59.99 million contract for a large-scale solar project, which has boosted the order book value of its Renewable Energy (RE) segment to RM71 million. This milestone demonstrates Mestron’s commitment to expanding its RE business, and it actively participates in tendering for new projects to ensure a sustainable cash flow and revenue.
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Mestron Holdings and the ecosystem
Mestron’s Managing Director, Mr Por Teong Eng, said that the contract underscores Mestron’s commitment to expand its business and deliver exceptional value in the RE business through its engineering expertise.
Mestron stands out by creating a holistic ecosystem within the solar sub-sector, offering services such as solar financing, Engineering, Procurement, Construction, and Commissioning (EPCC), and project ownership. Additionally, the company has successfully implemented 1.3MW of solar projects under the government-endorsed net energy metering (NEM) scheme, reinforcing its commitment to green energy and financial health. Mestron’s Managing Director, Mr. Por Teong Eng, expressed the company’s dedication to sustainability and a greener future.
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