- Synertec Corporation (SOP) is awarded a contract to provide a control system for Melbourne’s new $11 billion Metro Tunnel Project
- The Metro Tunnel Project (MTP) will see the construction of twin nine-kilometre rail tunnels from Kensington to South Yarra, and five new underground stations
- Once completed in full, the engagement has a total estimated price of around $3 million with a completion date in December 2024
- Synertec Corporation shares last traded at 10 cents at 3:00 pm AEST
Synertec Corporation (SOP) has been awarded a contract to provide a control system for Melbourne’s new $11 billion Metro Tunnel Project.
The Metro Tunnel Project (MTP) will see the construction of twin nine-kilometre rail tunnels from Kensington to South Yarra, and five new underground stations.
The contract with Metro Trains Melbourne (MTM) and Rail Systems Alliance (RSA) will see Synertec provide an advanced control and monitoring system.
If completed in full, the engagement has a total estimated price of around $3 million, with a completion date in December 2024.
“We are delighted to be working with MTM on this incredibly important project and I would like to thank MTM for the opportunity to contribute to Victoria’s vision of a low carbon future and a safe, efficient and reliable rail network,” said Synertec Managing Director Michael Carroll.
Synertec will be responsible for developing the MTP Control and Monitoring System from concept to operations.
These functions will include supervisory control and monitoring of all plant equipment, an advanced graphical user interface, event management, process data trending and data storage. This is on top of CCTV and security systems and electrical systems.
Synertec Corporation shares last traded at 10 cents at 3:00 pm AEST.