The Korea Times
Taihan Cable & Solution, a leading Korean manufacturer, has secured a 140 billion won ($90 million) contract to deploy an extra-high-voltage power grid system in Singapore, the company said Monday. The deal with SP PowerAssets Limited, the grid management subsidiary of Singapore’s state-owned utility SP Group, requires Taihan to supply and install both 400-kilovolt and 230-kilovolt oil-filled cable systems. The 400-kilovolt threshold represents the absolute highest voltage used by Singapore’s domestic grid. Because of the extreme technical demands, bidding requirements forced contractors to prove capabilities matching an even higher 500-kilovolt engineering standard. The award caps a lucrative expansion for the Korean manufacturer, bringing its cumulative contract value in Singapore to approximately 1 trillion won over the past two years. Singapore is currently overhauling its electricity infrastructure to support a massive expansion of artificial intelligence data centers, which consume vast amounts of power, while simultaneously integrating new renewable energy sources into its u
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