Taihan Electric Wire said on Dec. 19 that it has signed a project to build a power grid with TransGrid, a power agency in Australia's New South Wales state. The deal is a large-scale project worth about 138.5 billion won.
The project is to build a new power grid to meet growing power demand in downtown and surrounding Sydney, Australia. Taihan Electric Wire will carry out the project in a full turn-key method responsible for providing 330kV-class cables and connections as well as designing, laying, connecting and testing power grids.
The 330kV is the highest voltage among Australia's underground cables, and it is not an easy item to enter the market compared to other voltages.
Taihan Electric Wire was selected as the final bidder through its successful turnkey project performance and technology-based sales activities in Australia.
In fact, Taihan Electric Wire has been highly trusted since it opened its first Oceanian power market in 2004 by delivering 33 kV cables to Australia, successfully carrying out heavy turnkey projects such as Australia’s 132 kV, 275 kV and New Zealand’s 220 kV power grid.