Taihan Cable wins $90 mil. extra-high-voltage grid contract in Singapore

Taihan Cable & Solution, a leading Korean manufacturer, has secured a 140 billion won ($90 million) contract to deploy an extra-high-voltage power grid system in Singapore, the company said Monday. The deal with SP PowerAssets Limited, the grid management subsidiary of Singapore’s state-owned utility SP Group, requires Taihan to supply and install both 400-kilovolt and 230-kilovolt oil-filled cable systems. The 400-kilovolt threshold represents the absolute highest voltage used by Singapore’s domestic grid. Because of the extreme technical demands, bidding requirements forced contractors to prove capabilities matching an even higher 500-kilovolt engineering standard. The award caps a lucrative expansion for the Korean manufacturer, bringing its cumulative contract value in Singapore to approximately 1 trillion won over the past two years. Singapore is currently overhauling its electricity infrastructure to support a massive expansion of artificial intelligence data centers, which consume vast amounts of power, while simultaneously integrating new renewable energy sources into its uWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times