# TenneT awards $6B HVDC cable installation contracts to NKT, Nexans and consortium

TenneT awarded contracts worth $6 billion for the installation of 525 kV HVDC cable systems in 10 projects in Germany and the Netherlands. NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Denys will produce and install around 7,000 km of cable by 2032.

- Type: Contract
- Announced: 2023-05-15
- Where: Germany and the Netherlands, Germany
- Value: $6.00B
- Status: announced
- Products: 525 kV HVDC cable systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TenneT](https://endata.com/companies/272.md) (customer)
- [Nexans](https://endata.com/companies/5093.md) (supplier)
- [NKT](https://endata.com/companies/15394.md) (supplier)
- [Jan De Nul Group](https://endata.com/companies/31604.md) (supplier)
- [LS Cable](https://endata.com/companies/46744.md) (supplier)
- [DENYS NV](https://endata.com/companies/57856.md) (supplier)

## Sources

- [transformer-magazine.com](https://transformer-magazine.com/news/tennet-awards-hvdc-cable-installation-contract-worth-6-b/), 2023-05-15: "Together, we will deliver around 7,000 kilometres of HVDC cable for fifteen on- and offshore grid connection systems in Germany and the Netherlands by 2032 with this award alone."

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