Taihan Cable & Solution said on the 8th that it will supply 400-kilovolt (kV) and 230 kV oil-filled (O.F · Oil Filled) extra-high-voltage cable systems to SP PowerAssets Limited. The order is worth about 140 billion won.
In this project, Taihan Cable & Solution is set to supply 400 kV and 230 kV extra-high-voltage cable systems. The 400 kV is the highest voltage operated in Singapore, and the bidder selection requires technology and track record on par with the 500 kV class.
Including this project, Taihan Cable & Solution has secured about 1 trillion won in projects in Singapore alone over the past two years, strengthening its position as a key partner in the Singapore power grid market. Singapore is actively pushing the expansion of artificial intelligence (AI) data centers (AIDC), power grid modernization, and renewable energy integration, so business opportunities are expected to expand further.
In particular, the O.F cable awarded this time is a product that secures insulation performance by filling insulating oil inside the cable. Due to complex production processes and demanding maintenance, only a small number of global corporations can manufacture it. Taihan Cable & Solution developed and commercialized O.F extra-high-voltage cables for the first time in Korea and has led the extra-high-voltage market in Korea, and it also possesses advanced technology in various insulation methods such as XLPE (cross-linked polyethylene).
A Taihan Cable & Solution official said, "This order is a result that shows Taihan Cable & Solution is establishing itself as a key operator in the Singapore power grid market," and added, "We will accelerate our push into high value-added markets by strengthening our technological edge not only in extra-high-voltage cables but also in high-voltage direct current (HVDC) and submarine cable fields."