Iljin Electric Wins $84.5 Million UHV Cable Contract in UK, Signaling Expansion into Europe
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Building a Long-term Supply Chain Partnership with UK Power Companies
Iljin Electric is accelerating its expansion into the European market after securing a large-scale ultra-high-voltage (UHV) power grid construction project in the United Kingdom, a leading country in the power sector.
On July 10, Iljin Electric announced that it has been awarded a contract for a portion of the 400kV UHV underground transmission line as part of a strategic project to reinforce a total of 180 kilometers of UHV transmission network connecting the eastern and southeastern regions of the UK.
The contract value is approximately 41.77 million pounds, which is about 84.5 billion won.
This project is a key network reinforcement initiative designed to stably deliver large-scale offshore wind power generated in the East of England to the high-demand Southeast region. It is considered essential infrastructure for expanding renewable energy and achieving the UK's goal of decarbonizing its power grid.
In particular, this contract is seen as recognition of Iljin Electric's technological capabilities and quality reliability in the UK power market, which is known for its high entry barriers. Iljin Electric plans to use this contract as a bridgehead to strengthen its position in the UK's UHV transmission market and to accelerate efforts to win additional projects.
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A representative from Iljin Electric stated, "This contract is a remarkable achievement that proves our UHV cable technology in the UK market, which is undergoing a major transformation in power infrastructure. We will actively participate in upcoming large-scale power grid expansion projects and further extend our market reach across Europe."
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