Taihan Cable Wins 140 Billion Won Ultra-High Voltage Cable Project in Singapore

Taihan Cable has once again demonstrated its unrivaled technological capabilities by winning an ultra-high voltage project in Singapore.

Taihan Cable is conducting an ultra-high voltage power grid project in Singapore. Taihan Cable

On June 8, Taihan Cable announced that it had signed a contract with SP PowerAssets Limited, the Singaporean electricity authority, to supply 400 kilovolt (kV) and 230 kV-class oil filled (O.F) ultra-high voltage cable systems. The contract is valued at 140 billion won.

Under this project, Taihan Cable will supply 400 kV and 230 kV ultra-high voltage cable systems. The 400 kV voltage is the highest level currently operated in Singapore, and bidders are required to demonstrate technical expertise and a track record equivalent to the 500 kV class. Drawing on its experience as the first company in Korea to develop a 500 kV power grid and successfully supply it to global markets such as the United States, Taihan Cable currently holds the largest market share in the ultra-high voltage power grid segment above 400 kV.

Including this project, Taihan Cable has won projects worth approximately 1 trillion won in Singapore over the past two years, further solidifying its position as a key partner in the Singaporean power grid market. As Singapore actively pursues the expansion of artificial intelligence (AI) data centers, modernization of its power grid, and integration of renewable energy, business opportunities in this sector are expected to expand even further.

In particular, the oil filled (O.F) cables contracted in this supply agreement are products that use insulating oil inside the cable to ensure insulation performance. Due to their complex manufacturing processes and demanding maintenance requirements, only a few companies worldwide are capable of producing them. Taihan Cable led the Korean ultra-high voltage market as the first domestic developer and commercializer of O.F ultra-high voltage cables, and also possesses advanced technology in various insulation methods such as cross-linked polyethylene (XLPE). Leveraging this technological competitiveness, Taihan Cable plans to actively target overseas markets in response to increasing demand from expanding global power grid investments, while also contributing to enhanced export competitiveness in Korea’s cable industry.

A Taihan Cable representative stated, "This latest contract demonstrates that Taihan Cable has established itself as a core player in the Singaporean power grid market," adding, "We will further strengthen our technological edge in ultra-high voltage cables, as well as in high-voltage direct current (HVDC) and submarine cable sectors, to accelerate our entry into high value-added markets."

This content was produced with the assistance of AI translation services.