# Hyundai Electric and POSCO DAEWOO win 50 bln-won transformer order from UK's National Grid

Hyundai Electric & Energy System and POSCO DAEWOO have signed a deal to supply 23 high-pressure transformers to National Grid plc in Britain for three years ending 2020, valued at 50 billion won ($44 million).

- Type: Contract
- Announced: 2017-05-03
- Where: United Kingdom
- Value: $44.0M (50.0B KRW)
- Status: completed
- Products: high-pressure transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [National Grid](https://endata.com/companies/389.md) (customer)
- [Hyundai Electric & Energy System](https://endata.com/companies/24020.md) (supplier)
- [POSCO DAEWOO](https://endata.com/companies/24021.md) (supplier)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20170503002400320), 2017-05-03: "The two Korean firms said they signed the deal to supply 23 high-pressure transformers to electric power stations in Britain for three years ending 2020."

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