Taihan has won an order for a project to build a 400kV ultra-high voltage cable power grid ordered by Singapore's power company SP PowerAssets, the company said on Jan. 21. It is a large project with orders worth about $50 million (about 60 billion won).
The project is to build an underground power grid on Jurong Island, located in the southwest of Singapore, and Taihan will supply all 400kV ultra-high pressure cables and connections, and performs the project in a full turn-key manner responsible for designing, laying, connecting and testing the power grid.
The 400kV power grid is the highest voltage used in Singapore, and a thorough evaluation of technology and quality is conducted to ensure stability.
In particular, the company explains that this project is of great significance in that it is the first 400kV project in Singapore since 2016.
Taihan was selected as the final contractor after receiving high praise in terms of overall project experience, technical capabilities, and construction capabilities accumulated in Singapore over the past 25 years.
A Taihan official said, "We can confirm our superior position and competitiveness in Singapore, one of the most difficult markets, through fierce competition with leading global companies such as Europe and Japan."