LS Cable & System Wins Submarine Cable Project Worth 134.2 Billion KRW
[Asia Economy Reporter Han Jinju] LS announced on the 20th that its subsidiary LS Cable & System has signed a submarine cable supply contract worth 134.29 billion KRW with the Dutch state-owned transmission company TenneT TSO B.V.
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LS Cable & System has formed a consortium with the Belgian construction company Jan De Nul to supply 220kV submarine cables, perform electrical connection work, and conduct testing for a large-scale offshore wind farm project in the Netherlands. Excluding Jan De Nul's contract amount, LS Cable & System's contract value (134.29 billion KRW) accounts for 2.9% of its recent sales. The contract period is until September 30, 2023.
This content was produced with the assistance of AI translation services.
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