# Iljin Electric signs KRW 431.7B transformer supply deal with US power authority

Iljin Electric's US sales subsidiary signed a long-term transformer supply contract worth 431.7 billion KRW with a major power authority in the eastern United States. The contract runs from November 24, 2023 to December 31, 2028.

- Type: Contract
- Announced: 2023-11-27
- Where: eastern United States, United States
- Value: $332.0M (431.7B KRW)
- Status: announced
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Iljin Electric](https://endata.com/companies/27503.md)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/2306039), 2023-11-27: "일진전기가 당사 미국 판매법인이 미국 동부지역 대형전력청과 4300억 원 규모 변압기 장기공급계약을 체결했다고 27일 공시했다."
- [kedglobal.com](https://www.kedglobal.com/energy/newsView/ked202311280012), 2023-11-28: "Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company."
- [transformer-magazine.com](https://transformer-magazine.com/news/iljin-electrics-333-m-high-voltage-transformer-deal-in-us/), 2023-11-29: "This is the biggest single order for the company since its inception in 1968."

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