# Hyosung Heavy Industries wins KRW20bn transformer contract with NamPower

Hyosung Heavy Industries signed a KRW20 billion contract with Namibia's state power authority NamPower to install 10 ultra-high voltage transformers (132kV to 400kV), to be supplied by the second half of 2023.

- Type: Contract
- Announced: 2022-09-15
- Where: Namibia, Namibia
- Value: $15.0M (20.0B KRW)
- Status: announced
- Products: ultra-high voltage transformers (132kV to 400kV)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md) (supplier)
- [NamPower](https://endata.com/companies/24466.md) (customer)

## Sources

- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=100532), 2022-09-19: "Hyosung Heavy Industries announced on Sept. 15 that it has signed a contract for an extra-high voltage transformer installation project worth 20 billion won with Namibia’s state-run power authority (NamPower)"

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