Gamuda wins RM2.28bil Australia energy hub contract
KUALA LUMPUR: Gamuda Bhd has clinched a A$790 million (about RM2.28 billion) engineering, procurement and construction (EPC) contract for the Mortlake Energy Hub (Stage 1) in Victoria, Australia.
Gamuda Bhd has secured a RM2.28 billion (A$790 million) engineering, procurement, and construction contract for the Mortlake Energy Hub (Stage 1) in Victoria, Australia. The contract, awarded to Gamuda Engineering Pty Ltd, will see the company design, procure, construct, install, test, and commission a 300-megawatt hybrid renewable energy facility.
This facility will consist of a 435MW solar farm and a 1,449MWh battery energy storage system. The project will connect to the existing 500-kilovolt network via the Mortlake Terminal Station. The EPC contract is set to last two years, with completion expected by January 2029. A limited notice to proceed will be issued shortly, pending the financial closure of MEH SubCo Pty Ltd, targeted for Q4 2026.
Following contract completion, Gamuda expects to enter into a separate operation and maintenance contract valued at A$45 million (RM130 million), contingent on foreign exchange adjustments. The energy hub aims to bolster Victoria's renewable energy transition by integrating solar generation with battery storage.
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