Sejong Telecom Wins 7 Billion KRW National Railroad Construction Contract
[Asia Economy Reporter Seol Gina Jo] Sejong Telecom has won the contract for the "Gwacheon Line Indeokwon~Seonbawi Overhead Contact Line Improvement Project" commissioned by the Korea Rail Network Authority.
According to Sejong Telecom on the 25th, this contract is the largest since the company won the 7.8 billion KRW contract in July for the "Bundang Line Moran~Jukjeon Signal Equipment Improvement Project." The final winning bid amount is 7.04083 billion KRW. This amount accounts for 70% of the total project cost of 10.05833 billion KRW, and Sejong Telecom was selected as the lead contractor for this project.
The improvement project section covers 7 km of Seoul Metropolitan Subway Line 4, operating between Seonbawi Station - Gyeongma Park Station - Daegongwon Station (Seoulland) - Gwacheon - Gwacheon Government Complex - Indeokwon. The project is scheduled for completion in 2022.
This project is being carried out to ensure smooth power supply to the Gwacheon Line electric railway vehicles. It mainly involves replacing the aging overhead contact lines that supply power directly to the electric railway and the feeder lines.
Sejong Telecom will be responsible for dismantling and installing new components within the existing overhead contact line, including ▲feeder cables ▲feeder lines ▲non-insulated protective wires ▲surge protective branches ▲overhead contact lines ▲rigid AI R-Bar ▲sewage steel ▲R-Bar brackets ▲flow prevention devices, among others.
Lee Sang-cheol, Head of the Electrical Business Division at Sejong Telecom, said, "Despite the adverse effects of COVID-19, the consecutive large-scale contract wins have once again proven our company's construction capabilities and excellence, achieving results that exceed the sales targets set earlier this year." He added, "We look forward to making significant contributions not only in the railway industry but also in ports, aviation, plants, firefighting, and other all-around industries."
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Meanwhile, Sejong Telecom was also recognized for its excellence and contributions in the electrical construction field by receiving the "Korea Rail Network Authority Commendation" at the 23rd Korea Electrical Culture Awards held last November.
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