Daehan Electric Wire Completes 140 Billion KRW Mega Turnkey Project in Sydney, Australia

President Nah Hyeong-gyun Visits Australia to Attend Completion Ceremony

Site view of the PSF project carried out by Daehan Electric Wire

[Asia Economy Reporter Park Sun-mi] Korea Electric Wire has demonstrated excellent project execution capabilities by successfully completing a large-scale project worth 140 billion KRW in Australia.

On the 22nd, Korea Electric Wire announced that it successfully completed the 140 billion KRW PSF project underway in Australia, and President Na Hyung-gyun attended the completion ceremony hosted by the client, Transgrid.

The PSF project is a business to newly establish an underground strategic network that can reliably supply power to downtown Sydney and surrounding areas for decades to come.

Nah Hyeong-gyun, President of Korea Electric Wire (second from the left), is taking a commemorative photo with key stakeholders at the PSF project completion ceremony.

Korea Electric Wire secured the contract in December 2019 and carried out the project over approximately 22 months from August 2020 to June this year. It is a full turnkey project involving the design, material supply, construction, and commercial operation of the 330kV power grid, the highest voltage level in Australia, with a total contract value reaching 140 billion KRW.

President Na Hyung-gyun said in his commemorative speech, “It is highly meaningful to complete Sydney’s landmark project with Korea Electric Wire’s technology,” adding, “It will become a new role model for power grid projects to be carried out in Australia in the future.”

This content was produced with the assistance of AI translation services.