Iljin Electric has secured an additional contract worth 187.1 billion won for the construction of high-voltage underground transmission lines in the UK’s offshore wind power network expansion project. Combined with the contract awarded in July, the total value of the project now stands at 271.6 billion won, marking the largest single project in the company’s history.
On October 2, Iljin Electric announced that it had won the additional contract for the high-voltage underground transmission line project in the UK. Previously, the company had secured a contract worth 84.5 billion won for the same project in July. With this new contract, the total project value has increased to 271.6 billion won, making it the largest single project since Iljin Electric began its wire business.
The newly contracted project involves the construction of underground transmission lines connecting offshore wind farms in the UK. Iljin Electric will be responsible for the entire construction of the underground transmission line, including the previously awarded sections.
This series of large-scale contracts is expected to solidify Iljin Electric's position as a key partner in the UK high-voltage transmission market. Earlier this year, the company joined a long-term supply chain partnership framework with a major UK power company involved in this project. Based on this partnership, Iljin Electric plans to pursue additional contracts for large-scale high-voltage transmission network projects that will be sequentially developed in the UK.
An Iljin Electric official stated, "This additional contract marks a monumental achievement in the history of our wire business. Based on our proven high-voltage technology and construction capabilities, we will actively respond to large-scale projects across Europe, which is undergoing a significant transition in high-voltage transmission networks, to achieve even greater results."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.