Daehan Electric Wire & Cable Wins 55 Billion KRW Ultra-High Voltage Project in Kuwait

400kV Ultra-High Voltage Power Grid Turnkey Project
"Overcoming a Challenging Market... 50 Years of Supply in the Middle East"

Taihan Electric Wire announced on the 5th that it has won a contract for a 400kV ultra-high voltage power grid project ordered by the Kuwait Ministry of Electricity and Water (MEW). The contract amount is approximately 42 million USD (about 55.2 billion KRW).

The project involves connecting the Wafra area substation in southern Kuwait, the new city Kiran power plant, and the Sulaibiya substation with a 400kV underground power grid. Taihan Electric Wire will supply all materials including 400kV ultra-high voltage cables and accessories. The project will be carried out under a turnkey contract method, covering power grid design, connection, and testing.

Daehan Electric Wire & Cable is laying ultra-high voltage cables in Kuwait.
[Photo by Daehan Electric Wire & Cable]

Taihan Electric Wire stated that Kuwait has very stringent bidding conditions. Only a few global companies from Europe, Japan, and other regions can participate in bids for 300~400kV ultra-high voltage power grid projects. Since 400kV is the highest voltage used in Kuwait, technical capability and project execution ability are prioritized during the evaluation of bidding companies.

Taihan Electric Wire successfully completed a 400kV power grid project won in 2019. Last year, it secured a 300kV power grid project worth 65 million USD (about 85.5 billion KRW).

A Taihan Electric Wire official said, "Kuwait is a country where electricity demand continues to increase and state-led infrastructure investment projects are actively promoted, making it a promising market for growth. Based on our proven competitiveness from supplying cables in the Middle East for over 50 years, we will secure various business opportunities."

Meanwhile, Taihan Kuwait, Taihan Electric Wire’s optical cable manufacturing subsidiary, is scheduled to complete its factory in March. Taihan Kuwait is the first optical cable manufacturing company in Kuwait. Taihan Electric Wire stated, "We plan to aggressively target the market by leveraging our firmly established local network and sales capabilities."

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