Taihan Cable Wins 110 Bln-won Cable Order from Sweden | Be Korea-savvy

Taihan Cable Wins 110 Bln-won Cable Order from Sweden


Taihan Cable & Solution Co.'s high-voltage cables in this photo provided by the company (Image courtesy of Yonhap)

Taihan Cable & Solution Co.’s high-voltage cables in this photo provided by the company (Image courtesy of Yonhap)

SEOUL, Dec. 10 (Korea Bizwire) Taihan Cable & Solution Co., South Korea’s second-biggest cable company, said Tuesday it has received a 110 billion-won (US$76.8 million) high-voltage cable order from Sweden.

Under the deal with Sweden’s state-run electricity transmission system operator, Svenska kraftnat, Taihan Cable will supply 420 kilovolt cables and other equipment to Sweden’s project to connect high-voltage transmission lines across Stockholm.

The 420-kilovolt power grid is the highest voltage of underground alternating current cables used in Sweden, according to the company.

The Sweden deal follows Taihan Cable’s recent power grid orders in the United States and Singapore.

Taihan Cable had an order backlog of 2.3 trillion won as of end-September.

(Yonhap)

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