# 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.

- Type: Contract
- Announced: 2023-09-26
- Where: Germany and the Netherlands
- Value: $2.02B (1.90B EUR)
- Status: announced
- Products: power transformers, compensation coils
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TenneT](https://endata.com/companies/272.md) (customer)
- [Siemens Energy](https://endata.com/companies/6803.md) (supplier)
- [Hitachi Energy](https://endata.com/companies/15140.md) (supplier)
- [GE Grid](https://endata.com/companies/72855.md) (supplier)
- [Royal SMIT](https://endata.com/companies/72856.md) (supplier)

## Sources

- [nsenergybusiness.com](https://www.nsenergybusiness.com/contracts/tennet-awards-e1-9bn-contract-to-construct-and-upgrade-substations/), 2023-09-26: "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."

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