◂ Announcements

Sep 26, 2023CONTRACTGermany and the Netherlands

TenneT awards €1.9bn substation contract to Siemens Energy, Hitachi Energy, GE Grid and Royal SMIT

TenneT has signed a €1.9 billion framework agreement with Siemens Energy, Hitachi Energy, GE Grid and Royal SMIT for the construction and modernisation of substations in Germany and the Netherlands. The contract covers 160 power transformers and 110 compensation coils.

Value

$2.02B (1.90B EUR)

Status

Announced

Productspower transformerscompensation coils

CompaniesTenneT customer Siemens Energy supplier Hitachi Energy supplier GE Grid supplier Royal SMIT supplier

Sectors#Electrical Equipment #Power Generation Equipment

“TenneT has signed a framework agreement worth €1.9bn with Siemens Energy, Hitachi Energy, GE Grid and Royal SMIT for the construction and modernisation of substations.”nsenergybusiness.com

1 source
nsenergybusiness.comTenneT awards €1.9bn contract to construct and upgrade substationsRefna TharayilSep 26, 2023

Summarized from public sources; check the original articles before acting on it.

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