# Kwangmyung Electric wins $570B won contract for motor control panels from KHNP

Kwangmyung Electric (Gwangmyeongjeon) signed a contract with Korea Hydro & Nuclear Power (KHNP) to supply 480V motor control panels for Shin-Hanul Units 3 and 4. The contract is worth 570 billion won, representing 35.36% of 2023 sales, with a term from March 18, 2025 to April 30, 2029.

- Type: Contract
- Announced: 2025-03-19
- Where: South Korea
- Value: $430.0M (570.0B KRW)
- Status: announced
- Products: 480V motor control panels
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Korea Hydro & Nuclear Power](https://endata.com/companies/2868.md) (customer)
- [Kwangmyung Electric](https://endata.com/companies/28049.md) (supplier)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/10445148), 2025-03-19: "광명전기는 한국수력원자력과 신한울3,4호기 480V 전동기 제어반(E209)구매 계약을 체결했다고 19일 공시했다."

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