English Español

LS Cable & System Wins USD 110 Million Order in Kuwait

by wireworld on 07/06/2012 - 02:00 am

Tags: Press Releases, Projects

400kV extra-high voltage cable to be supplied for the power grid of a new town.  Aggressively advancing into the Middle East
market with a high-value-added product, i.e. a conductor with insulated cable.

LS Cable & System (Chairman & CEO: Christopher Koo) announced that it won a 400kV extra-high voltage cable project worth $110 million (about KRW130 billion) from the Ministry of Electricity and Water of Kuwait.

LS Cable & System will supply and install 400kV extra-high voltage conductor with insulated cables and connectors on a turnkey basis. Kuwait is currently building a new town on its border with Saudi Arabia named Sabah Al Ahmad. This is the second contract LS Cable & System has won from the Ministry of Electricity and Water of Kuwait following a similar contract worth $107 million won last spring.

Unlike ordinary extra-high voltage cable using pure copper for the conductor, the conductor with insulated cables to be installed at Sabah Al Ahmad will be a high-tech cable in which the strands of wire comprising the conductors are coated with enamel to reduce transmission resistance. This raises transmission capacity by more than 20%. If this type of conductor with insulated cable is used, the overall weight and thickness of the cable can be reduced as much as the transmission resistance drops, greatly reducing the cost of cable manufacturing and power grid implementation. This product is a typical high-value-added cable that requires precision and sophisticated skills not just for development, but also for production.

"Thanks to the successive contracts we have won in the Middle East, we have become a notable supplier of extra-high voltage cables in the global market," said an LS Cable & System insider. "In particular, as extra-high voltage cable with such sophisticated insulation is advantageous to the construction of a new power grid, we will try and win contracts throughout the Middle East market where large infrastructure projects are expected to be built soon."

Since the beginning of this year, LS Cable & System has been beating global leading cable makers as well as local companies for major projects such as the installation of a power transmission system in the southern region of Saudi Arabia and an extra-high voltage power grid project in Qatar, proving our world-best technical know-how and product competitiveness.