Taihan Cable & Solution Company Limited, a Korean corporation known for manufacturing electric wires and stainless steel products for electricity and communication, has been awarded a project worth around USD 80.52M involving replacement of an outdated power grid in the United States.
The project is designed to replace the aging power infrastructure with a new one in the southeastern state of Florida in anticipation of increasing power demand in the region. Taihan will be removing existing cables and supplying a 230kV EHV power grid as a full turnkey service.
By securing this deal, the company has brought its cumulative order value for the year to about KRW 200bn in the U.S.
