# Hyosung Heavy Industries wins 310B won power equipment deal in Australia

Hyosung Heavy Industries signed a five-year agreement with AusNet to be the exclusive supplier of ultra-high-voltage transformers, reactors and other power equipment for Victoria's transmission network. The contract is valued at approximately 310 billion won.

- Type: Contract
- Announced: 2026-07-01
- Where: Victoria, Australia
- Value: $240.0M (310.0B KRW)
- Status: announced
- Products: ultra-high-voltage transformers, reactors, power equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md) (supplier)
- [AusNet](https://endata.com/companies/92812.md) (customer)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=11884), 2026-07-02: "Hyosung Heavy Industries said it has signed a large-scale long-term supply agreement with the operator of Australia's electricity transmission network in the state of Victoria."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.