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Sahakol Equipment Wins THB7.17 Billion Coal Mining Contract

by Krystal

Sahakol Equipment Public Company Limited (SET: SQ) announced to the Stock Exchange of Thailand that it has won the bid for the Overburden and Coal Mining Services at Mae Moh Mine under Contract No. 8/1 (2 Items). The company received the notification on November 12, 2024.

On March 27, 2025, SQ officially signed the contract with the Electricity Generating Authority of Thailand (EGAT). The contract covers overburden and coal mining services at the Mae Moh Mine.

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Project details are as follows:

Project Name: Overburden and Coal Mining Services at Mae Moh Mine, Contract No. 8/1 (2 Items)

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Employer: Electricity Generating Authority of Thailand (EGAT)

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Work Period: April 2025 to February 2028

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Contract Value: 7.17 billion baht (inclusive of electricity, diesel fuel, and VAT)

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