MAXON Telecom Secures KRW 110 Billion Extra-High Voltage Turnkey Project in Singapore
- Sole Korean company supplying Singapore’s highest voltage 400kV power grid
- Part of a cross-border power interconnection project linking Indonesia and Singapore
- Achieves fifth consecutive 400kV turnkey contract, maintaining No.1 market position
MAXON Telecom has further strengthened its global competitiveness by securing an additional Extra-High Voltage (EHV) power grid project in Singapore.
On August 5, the company announced that it signed a contract with SP PowerAssets Limited for the supply and installation of a 400kV underground power transmission system, with a total contract value of approximately KRW 110 billion.
This project is part of a cross-border energy interconnection initiative designed to transmit renewable energy generated in Indonesia to Singapore. It aims to support the rapid increase in electricity demand driven by data centers and AI infrastructure expansion.
Under this full turnkey contract, MAXON Telecom will execute the entire project, including design, manufacturing, installation, jointing, connection, and testing, to construct a 400kV-class underground transmission network supplying power to a substation in West Jurong Island, Singapore.
A 400kV system represents the highest voltage level currently operated in Singapore, requiring advanced technological capabilities equivalent to 500kV-class systems.
Leveraging its global track record in high-voltage transmission projects, including 500kV systems, MAXON Telecom remains the only Korean cable company capable of delivering 400kV turnkey solutions in Singapore. With this latest achievement, the company has secured five consecutive 400kV turnkey contracts, reinforcing its leadership in the high-voltage segment.
A company representative stated,
“This contract once again demonstrates our strong competitiveness in Singapore’s extra-high voltage power grid market. We will continue to expand our presence by focusing on high-value solutions such as HVDC systems and submarine cable technologies.”
Previously, MAXON Telecom secured additional orders worth approximately KRW 800 billion for 230kV and 400kV turnkey projects. As of the first half of the year, the company’s total order backlog has reached a record KRW 2.9 trillion, reflecting strong growth momentum in both domestic and international markets.
