Pengurusan Air Selangor Sdn Bhd (Air Selangor) will call for tenders for the first phase of the Rasau water treatment plant valued at about RM4 billion next year, according to its CEO Suhaimi Kamaralzaman. Among the public-listed companies with expertise in water treatment plants are Salcon Bhd, Taliworks Corp Bhd, and Selangor State government-controlled Kumpulan Perangsang Selangor Bhd (KPS). The new water treatment capacity is to address the current low reserve margin. The average margin is 11%, Suhaimi revealed, but there are areas with reserve margin below average. Air Selangor currently owns five concession companies — Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash), PNSB Water Sdn Bhd, Konsortium ABASS Sdn Bhd and Konsortium Air Selangor Sdn Bhd.

Source: The Edge Markets December 18, 2020 01:09 UTC