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MN Holdings Wins RM67.32 Million Cable Project Supporting Intel Penang

MN Holdings will help build a 275kV underground cable link supplying Intel's Penang operations under a RM67.32 million TNB contract.

By TLA AI Editor3 min read

Petaling Jaya, 7 September 2026 – MN Holdings Bhd has secured a RM67.32 million contract from Tenaga Nasional Bhd to install a new 275-kilovolt underground cable system supporting bulk electricity supply to Intel’s Penang operations. The award, undertaken by wholly owned MN Utilities Engineering Sdn Bhd together with Pembinaan Tajri Sdn Bhd, links the group to critical power infrastructure serving Malaysia’s semiconductor cluster.

The system will connect a loop-in-loop-out point to Intel Electronic Malaysia’s switching station. Its scope covers engineering, design, supply and erection for the 275kV underground-cable reconfiguration, alongside associated civil works. The contractors are also responsible for obtaining permits, reinstating surfaces and existing structures, restoring affected areas and cleaning work sites, making delivery dependent on both technical execution and stakeholder coordination.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.