4th Feb 2016 08:27
LONDON (Alliance News) - Surveillance technology and security systems company Synectics PLC Thursday said it has secured a contract with a new power station currently under construction in the UK, worth just under GBP1.0 million.
The company will be installing an integrated security and safety system for the unnamed power station under the terms of the contract, which also includes a two-year maintenance agreement. It said there is potential for further work to follow.
Synectics said contracted work on the power station, which will supply a million homes with electricity, will be delivered in the current financial year to end-November. The power station is scheduled for completion in 2016.
"Power stations are unique security environments with rigorous requirements. Synectics is already well established in the power generation sector and understands the challenges of providing security in these specialist environments," said Paul Webb, chief executive.
Synectics shares were trading up 4.8% at 144.37 pence Thursday morning.
By Hannah Boland; [email protected]; @Hannaheboland
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