# Taihan Cable signs framework agreement with National Grid for HVDC cable systems

Taihan Cable & Solution signed a framework agreement with National Grid to supply HVDC cable systems for UK power grid projects. The total project volume is estimated at £59 billion, with Taihan securing opportunities worth about £21.3 billion.

- Type: Contract
- Announced: 2025-03-14
- Where: United Kingdom
- Value: $75.0B (59.0B GBP)
- Status: announced
- Products: HVDC cable systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Taihan Cable & Solution](https://endata.com/companies/40042.md)
- [NKT Cables](https://endata.com/companies/271.md) (supplier)
- [National Grid](https://endata.com/companies/389.md) (customer)
- [Prysmian](https://endata.com/companies/968.md) (supplier)
- [Mitsubishi Electric](https://endata.com/companies/2378.md) (supplier)
- [GE Vernova](https://endata.com/companies/2947.md) (supplier)
- [Siemens Energy](https://endata.com/companies/6803.md) (supplier)
- [Hitachi Energy](https://endata.com/companies/15140.md) (supplier)
- [LS Cable & System](https://endata.com/companies/21025.md) (supplier)
- [Taihan Cable & Solution](https://endata.com/companies/40042.md) (supplier)
- [Sumitomo Electric](https://endata.com/companies/59337.md) (supplier)
- [Hellenic & Jan De Nul Consortium](https://endata.com/companies/83469.md) (supplier)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/10442019), 2025-03-14: "This agreement is highly meaningful as it recognizes the technological competitiveness of Taihan’s HVDC cable systems in the advanced European power market."
- [grid-uk.com](https://www.grid-uk.com/news/national-grid-names-key-suppliers-for-59bn-hvdc-deal), 2025-04-02: "This is another exciting milestone in delivering the greatest overhaul of the grid in a generation – The Great Grid Upgrade."

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