# National Grid awards HVDC converter framework contracts worth £24.6bn

National Grid awarded two parts of a £59bn HVDC supply chain framework, including a HVDC Converter Framework worth approximately £24.6bn to four suppliers including GE Vernova. The agreement is for five years with potential three-year extension.

- Type: Contract
- Announced: 2025-03-13
- Where: United Kingdom
- Value: $31.0B (24.6B GBP)
- Status: announced
- Products: HVDC converters, HVDC equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [National Grid](https://endata.com/companies/389.md) (customer)
- [GE Vernova](https://endata.com/companies/2947.md) (supplier)

## Sources

- [gevernova.com](https://www.gevernova.com/news/press-releases/national-grid-awards-hvdc-supply-chain-framework-contracts), 2025-03-13: "National Grid today announced the awarding of two parts of a £59bn High-Voltage Direct Current (HVDC) supply chain framework to deliver the required works and equipment needed for key energy projects across the UK."

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