Hyosung Heavy Industries Signs 386.6 Billion Won Contract to Supply Ultra-High-Voltage Transformers to U.S. Sales Affiliate [Disclosure]

[Financial News] Hyosung Heavy Industries disclosed on the 15th that it had entered into a 386.6 billion won supply agreement with its United States sales affiliate, HICO America Sales and Technology.
Hyosung Heavy Industries will supply ultra-high-voltage transformer equipment for a project secured by HICO America Sales and Technology. The contract comprises 220.1 billion won for 765kV ultra-high-voltage transformers and 166.5 billion won for 345kV extra-high-voltage power transformers.
The contract runs from the previous day through February 28, 2029, for the 765kV ultra-high-voltage transformers, and through August 31, 2028, for the 345kV extra-high-voltage power transformers.

[email protected] Minji Seo Reporter