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South Korean cable manufacturer LS Cable said today that it has received an order for an ultra-high-voltage submarine cable worth $36 million from Malaysia's state-owned power company TNB to lay a submarine cable system
connecting Perlis in northern Malaysia with Langkawi Island.
According to reports, the submarine cable is 28 kilometers long and is expected to be laid in September next year
.
The project will double Langkawi's electricity supply to meet the growing demand
for electricity.
LS Cable also revealed that this ultra-high voltage cable order is very meaningful and is a major performance
of LS Cable's expansion of Southeast Asia business.
The Southeast Asian regional market has been dominated by Japanese companies for many years, especially in the medium and high voltage cable markets
.
Last year, LS Cable signed a contract
worth 62 billion won with Singapore Power Grid.
The contract is a 1.
5km ultra-high voltage submarine cable connecting Woodlands, a new city in northern Singapore, with Johor Bahru, a resort city in southern Malaysia
.
Myung Roe-hyun, CEO of LS Cable & System, said that in the future, the demand for ultra-high voltage cables in Southeast Asia will further increase, and the company will focus on market development
in this region.
South Korean cable manufacturer LS Cable said today that it has received an order for an ultra-high-voltage submarine cable worth $36 million from Malaysia's state-owned power company TNB to lay a submarine cable system
connecting Perlis in northern Malaysia with Langkawi Island.
According to reports, the submarine cable is 28 kilometers long and is expected to be laid in September next year
.
The project will double Langkawi's electricity supply to meet the growing demand
for electricity.
LS Cable also revealed that this ultra-high voltage cable order is very meaningful and is a major performance
of LS Cable's expansion of Southeast Asia business.
The Southeast Asian regional market has been dominated by Japanese companies for many years, especially in the medium and high voltage cable markets
.
Last year, LS Cable signed a contract
worth 62 billion won with Singapore Power Grid.
The contract is a 1.
5km ultra-high voltage submarine cable connecting Woodlands, a new city in northern Singapore, with Johor Bahru, a resort city in southern Malaysia
.
Myung Roe-hyun, CEO of LS Cable & System, said that in the future, the demand for ultra-high voltage cables in Southeast Asia will further increase, and the company will focus on market development
in this region.
