Energy
Taihan Cable to build ultra-high voltage power grid in Germany
The firm won a $463 mn order for installing cables to improve the local transmission network for eco-friendly wind power
By Dec 27, 2023 (Gmt+09:00)
1
Min read
Most Read
LG Chem to sell water filter business to Glenwood PE for $692 million


KT&G eyes overseas M&A after rejecting activist fund's offer


Mirae Asset to be named Korea Post’s core real estate fund operator


StockX in merger talks with Naver’s online reseller Kream


Meritz backs half of ex-manager’s $210 mn hedge fund



South Korea's Taihan Cable & Solution Co. won a 600 billion won ($463 million) turnkey project to build a 380 kV ultra-high voltage power transmission network in Germany, according to the company announcement on Tuesday.
The project is to construct underground cables to expand the transmission network needed for Germany's eco-friendly wind power generation.
The ordering company of this project is TenneT, a Dutch government-owned transmission system operator that runs power grids in Germany and the Netherlands.
Taihan Cable will supply all materials, including ultra-high voltage cables and connectors, and perform the entire project, including power network design, installation, connection, and testing.
The company also won two other ultra-high voltage power transmission projects worth a total of 700 billion won earlier this year.
Write to Jeong-Soo Hwang at hjs@hankyung.com
More to Read
-
-
-
EnergyTaihan Cable bags $60 mn high-voltage power grid deal in Bahrain
Sep 22, 2023 (Gmt+09:00)
2 Min read -
Tech, Media & TelecomTaihan Cable posts highest first-half operating profit in 20 years
Aug 11, 2023 (Gmt+09:00)
1 Min read
Comment 0
LOG IN