J.R.W. Utility Public Company Limited (SET: JR) has announced the signing of a new Letter of Intent by Sino-Thai Engineering & Construction Public Company Limited (SET: STEC) for the Supply and Installation of Electrical Package Project SB – SPB2.2 Solar Power Plant. The total value of the project is 102,401,515.00 Baht (excluding VAT) and the completion period is within eight months after confirmation of Letter of Award of Contract.