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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.
National Grid awarded two HVDC supply chain framework contracts: six cable suppliers for approximately £21.3bn and four converter suppliers for approximately £24.6bn, covering a five-year period with potential three-year extension.