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2mo ago

LS Cable & System Wins W148 Billion Extension for Singapore’s Underground High-Voltage Grid

With the extension, the contract reaches 349 billion won, supporting Singapore’s effort to integrate imported solar power.

This undated file photo, provided by LS Cable & System Ltd., shows employees conducting a high-voltage cable test. (PHOTO NOT FOR SALE) (Yonhap)

Overview

  • LS Cable & System secured a 148 billion won extension to its Singapore underground grid project from Singapore Power Group on July 4.
  • The company will supply, install, integrate and test 230 kV cables as part of the expanded work.
  • The project supports Singapore’s strategy to import large-scale solar power from Indonesia and channel it into its domestic network.
  • LS Cable leverages its LS VINA subsidiary in Vietnam for ultrahigh-voltage cable manufacturing and regional deployment.
  • The expansion feeds into efforts to address Southeast Asia’s rapidly growing electricity demand, which the IEA projects will rise 4 percent annually through 2035.