Baltec IES has secured a multi-million-dollar contract in South East Asia

Environmental Group’s (ASX: EGL) subsidiary Baltec Inlet and Exhaust Systems (Baltec IES) has secured a multi-million-dollar contract which will see its design, supply and install of a diverter damper exhaust system for a project in Indonesia.

The value of the agreement would be approx. $3.5 Million over three main stages: design, fabrication and supply, as well as installation and full commissioning. The project is scheduled for delivery to site by the mid of 2020.

Baltec IES had worked closely with its local counterpart in the region over a period of 4 years in order to secure this order. A full maximization of local content has been set up, combined with all the expertise from Engineering team sitting at the headquarters in Melbourne, Australia.