Information and Communication Networks Public Company LimitedICN wins two PEA contracts worth 102.88 million baht, boosting its order book.
Information and Communication Networks Public Company Limited, or ICN, disclosed through the Stock Exchange of Thailand that it has signed two contracts with the Provincial Electricity Authority (PEA) with a total contract value of 102.88 million baht including value-added tax. The first contract is for the procurement and installation of an integrated radio communication system in the central region, signed on August 26, 2026, under the IL Consortium joint venture between ICN and Loxley Public Company Limited, or LOXLEY. This project has a total value of 147.35 million baht, with ICN holding a 50.72% work share, equivalent to 74.74 million baht, and is scheduled for completion within 240 days. The second contract is for the purchase and installation of communication equipment for the Teleprotection system to replace equipment in use for over 10 years in PEA Area 3, central region, signed on August 7, 2026, with a value of 28.14 million baht and a completion period of 300 days.
Information and Communication Networks Public Company LimitedICN wins two PEA contracts worth 102.88 million baht, boosting its order book.
Loxley Public Company LimitedLOXLEY is part of the IL Consortium winning a 147.35 million baht contract, with ICN holding 50.72% share.