LS Cable & System

LS Cable & System has won a 142 billion won contract with Bahrain's Electricity and Water Authority to install a 400 kV transmission network distributing electricity from the Al Dur II power plant across the kingdom.

LS Cable & System won a $40 million contract with Andhra Pradesh Power Generation Corp. to supply extra-high voltage cables in eastern India. It is the largest project ever won by its Indian subsidiary.

LS Cable & System signed a contract to acquire a 31.59% stake in Gaon Cable from individual major shareholders for approximately KRW 30.3 billion ($28 million), becoming the largest shareholder.

LS Cable & System is setting up an automotive battery parts production plant in Dzierżoniów, Poland. The company spent USD 18 million to purchase the plant and commercial production is set to start in 2019.

LS Cable & System signed a contract worth KRW219 billion (approx. $200 million) with Qatar Electricity & Water Company to supply extra-high-voltage cables (132kV, 220kV, 400kV) for Qatar's largest underground cable project, covering over 70% of the cable demand.

LS Cable won a 62 billion won contract from Singapore's power authority to supply and install a 1.5 km submarine cable between Woodlands and Johor Bahru, replacing an aging cable from 1985.

LS Cable & System (LS전선) signed a 370 billion KRW contract with Singapore's power authority to supply and install 230kV ultra-high voltage cables for a new power grid. The project involves 360 km of cable across five sections, to be completed by 2020.

Larsen & Toubro's construction arm secured its single-largest order worth Rs 5,250 crore ($800M) from Qatar General Electricity and Water Corporation (Kahramaa) for engineering, procurement and construction of 30 gas insulated sub-stations and 560 km of underground cables in Qatar.

LS Cable (LS전선) announced it will acquire a power cable plant in Tabor City, North Carolina from its affiliate Superior Essex (SPSX) for $24.6 million, establishing a U.S. production subsidiary. The plant produces medium- and low-voltage cables.

LS Cable & System Ltd. won a KRW 124.3 billion ($103 million) contract to supply HVDC power cables for South Korea's first land HVDC power grid, connecting Dangjin and Pyeongtaek.