Taihan Cable secures 133 billion KRW HVDC cable contract with KEPCO, boosting earnings outlook from national grid project
Taihan Cable signed a 133 billion KRW contract with KEPCO to supply HVDC XLPE power cables and accessories.
This contract is part of a national key power grid project to stably supply electricity from the east coast to the Seoul metropolitan area.
The contract period runs from June 2026 to March 2028, representing 3.66% of the company's recent annual revenue.
This secures a stable revenue base and strengthens mid- to long-term growth through participation in national infrastructure.
[AI Summary]Taihan Cable's HVDC cable contract with KEPCO enhances earnings visibility through a national grid project, with no capital dilution and a credible counterparty, supporting improved profitability.