LS Electric secures contract for HVDC project
LS Electric will supply high-voltage direct current (HVDC) transformers (CTR) for the second phase of the East Coast-Capital Region HVDC project.
Image for illustration purposes.
South Korea, Seoul: LS Electric will supply high-voltage direct current (HVDC) transformers (CTR) for the second phase of the East Coast-Capital Region HVDC project. The contract, worth 561 billion won ($399.6 million), involves the delivery of 40 HVDC CTRs, a key milestone in South Korea’s largest power infrastructure project, the “500 kV East Coast-East Seoul HVDC Conversion Facility Construction Project”.
The goal of the project to alleviate large-scale power generation constraints in the East Coast region and ensure a stable power supply to semiconductor clusters in the capital region, including Yongin, Icheon, and Pyeongtaek. This is important for maintaining the reliability of power supply to the country’s semiconductor industry, which includes global leaders like Samsung and SK Hynix.
The first phase of the project saw LS Electric supply 24 HVDC CTRs for the East Coast to Shingapyeong section. These are specialized devices connected to power electronic systems that convert alternating current (AC) to direct current (DC) for efficient long-distance transmission, requiring advanced insulation design and cooling technology to prevent harmonics and DC stress from affecting the power system and equipment.
An LS Electric official stated, “We will contribute to strengthening the national industrial competitiveness based on LS Electric’s technology and reliability in the East Coast-Capital Region HVDC construction project and the upcoming West Coast HVDC construction project.”
In January, the company signed a business agreement with GE Vernova to jointly respond to the global market. This is part of LS Electric’s broader strategy to expand into the US and European transmission, distribution, and renewable energy markets. The company has also decided to invest in expanding its transformer factory at its Busan plant to meet the growing demand for HVDC technology.
Source: Business Korea
