# Hyundai Electric wins $34.17M transformer order from National Grid

Hyundai Electric & Energy Systems has sealed an order worth 47.4 billion won ($34.17 million) to supply transformers to National Grid, a London-based utility. The transformers will be installed at five substations starting in 2024.

- Type: Contract
- Announced: 2022-09-07
- Where: United Kingdom
- Value: $34.2M
- Status: announced
- Products: ultra-high voltage transformers, 275kV-class transformer
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [National Grid](https://endata.com/companies/389.md) (customer)
- [Hyundai Electric & Energy Systems](https://endata.com/companies/27685.md) (supplier)

## Sources

- [ajupress.com](https://www.ajupress.com/view/20220907171147495), 2022-09-07: "As abnormal climates are becoming more frequent around the world, investments are continuing to diversify and stabilize power supply chains such as the expansion of renewable power generation."

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