# Fingrid awards €2.6 million shunt reactor contract to Hyosung Heavy Industries

Fingrid Oyj awarded a €2.6 million contract to Hyosung Heavy Industries Corporation for one 400 kV 70 MVar oil-filled shunt reactor for the Länsisalmi substation in Finland, with delivery expected in October 2025.

- Type: Contract
- Announced: 2024-01-24
- Where: Helsinki, Finland, Finland
- Value: $2.83M (2.60M EUR)
- Status: announced
- Capacity: 70 MVAR
- Products: 400 kV shunt reactor
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md) (supplier)
- [Fingrid](https://endata.com/companies/41426.md) (customer)

## Sources

- [tenderroster.com](https://tenderroster.com/en/notice/48081-2024/), 2024-01-24: "Fingrid Oyj awarded this contract on 24 Jan 2024."

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