2 weeks Ago By Jung Jun-ho
Taihan Cable & Solution (Taihan) is further strengthening its competitiveness by achieving consecutive large-scale orders in the global market. On December 11, Taihan announced that it has signed a contract with SP PowerAssets Limited in Singapore for a project to supply a 230kV ultra-high voltage power grid, valued at 140 billion won. This contract will boost Taihan's total order intake for the fourth quarter to over 1.
2 trillion won, following an earlier order in October for a 400kV ultra-high voltage power grid project worth 840 billion won. In addition, Taihan secured projects worth 220 billion won each in the United States and Sweden in November and December. The project involves a full turnkey operation for the establishment of a 230kV ultra-high voltage power grid, with Taihan responsible for the entire process, including the production, installation, connection, and testing of Oil-Filled (OF) cables and power equipment.
OF cables provide excellent electrical performance and stability due to the use of insulating oil, but their production and maintenance are complex, making them high-value products produced by only a few companies. Taihan has maintained a leading position in the ultra-high voltage market since developing and commercializing the first OF ultra-high voltage cables in South Korea in the 1970s. A representative from Taihan stated, “These consecutive large-scale orders further solidify the trust that global power authorities have in Taihan’s technology, quality, and service.
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