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제목 TAIHAN receives orders from the U.S. valued 100 million dollars in the fourth quarter 작성일 2016.11.03 조회수 3594
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TAIHAN receives orders from the U.S. valued 100 million dollars in the fourth quarter.


In the fourth quarter, TAIHAN undertook projects ordered by clients in the United States, with a total value of over a hundred million USD. This was the highest recorded dollar amount for orders received in the U.S. since TAIHAN entered the market in 2000.

The project received on November 3rd was ordered by the Los Angeles Department of Water & Power (LADWP), and is valued at 56 million dollars. This project consists of replacing all of the 138kV extra high voltage underground cable installed by the LADWP in the 1960s and 70s, having become dilapidated with use since. In October, TAIHAN also received a project valued at 52 million dollars from an power company in the California region. It is a large scale project with the length of the work site extending nearly 20 km. TAIHAN will supply all of the equipment including the 230kV extra high voltage underground cable and the connection device, and will also perform the construction and testing.

Earlier in the 3rd quarter, TAIHAN also signed an agreement with an power company in the California region to supply extra high voltage underground cables for the upcoming five years, in the 69-230kV range. This agreement includes a provision for a two-years extension, to stably supply cables for up to seven years. TAIHAN also succeeded in attracting an order for high temperature low sag conductors. The project was ordered by the Southern California Edison (SCE), involving supplying of ACCC products, which are high temperature low sag conductors. ACCC products will replace the pre-existing, aging conductors. We expect a spike in demand for replacements of the aging overhead grids in various U.S. regions, which will lead to a steady increase in TAIHAN’s sales figures.

 

 

이전글 TAIHAN undertakes an ultra-large scale project ordered from Singapore, valued at SGD 110 million
다음글 TAIHAN’s executives and employees host the Harmony Festival
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