# Taihan Cable secures UK power grid project with Balfour Beatty

Taihan Cable & Solution signed an MOU with Balfour Beatty to bid for UK power distribution projects worth over £220 million until 2030, and secured an initial 36 billion won ($27.5 million) project to replace overhead lines with underground lines in North Wessex Downs.

- Type: Contract
- Announced: 2023-11-24
- Where: North Wessex Downs, UK, United Kingdom
- Value: $27.5M (36.0B KRW)
- Status: announced
- Products: 400 kV power grid, underground power cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Taihan Cable & Solution](https://endata.com/companies/40042.md)
- [Balfour Beatty](https://endata.com/companies/13673.md) (partner)

## Sources

- [kedglobal.com](https://www.kedglobal.com/energy/newsView/ked202311240012), 2023-11-24: "South Korea's Taihan Cable & Solution Co. announced on Friday that it signed a memorandum of understanding (MOU) with the global infrastructure group Balfour Beatty to form a partnership for bidding underground power transmission and distribution projects in the UK."

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