South Korea's cable manufacturers are expanding beyond simple product supply into overseas power grid markets, now offering local production, engineering and construction services. In the United States, they are scaling up turnkey engineering, procurement and construction (EPC) projects for ultra-high-voltage power grids and local production of nuclear power plant cables. In Southeast Asia, they are directly carrying out submarine cable installation, accelerating their push into overseas power infrastructure markets.
Taihan expands turnkey projects in the US
According to industry sources on the 18th, Taihan Cable & Solution's US subsidiary T.E.USA won a local ultra-high-voltage power grid project on a turnkey basis on the 15th.
The US subsidiary will oversee the entire project including local engineering and construction, while Taihan's headquarters will produce and supply key materials including ultra-high-voltage cables and connectors. Taihan's headquarters and US subsidiary signed a materials supply contract worth approximately 120 billion won. The total project contract value and client remain undisclosed under a confidentiality agreement.
