Hyundai Engineering and Construction (Hyundai E&C) has secured a series of contracts, further solidifying its position in the foreign construction market of Saudi Arabia. The renowned construction company recently won the Saudi HVDC construction orders after successfully completing the Amiral project.
In a recent announcement, Hyundai E&C revealed that it had signed a contract worth $145 million (approximately 185 billion won) for the Saudi Neom-Yanbu 525kV extra-high voltage direct current transmission line construction project. This project, commissioned by the Saudi Central Power Authority (SEC-COA), aims to expand the power grid by constructing extra high voltage direct current transmission lines spanning a total of 605 km from Yanbu to Neom New Town. Hyundai E&C has been entrusted with the Phase 1 project, which involves building 207 km of transmission lines and 450 transmission towers. The project is expected to be completed by July 2027.
The use of ultra-high voltage direct current transmission technology converts alternating current (AC) power generated in a power plant into high voltage direct current, enabling more efficient long-distance transmission with minimal energy loss. Hyundai E&C, with its history of successfully executing power grid projects for the Saudi Electricity Authority, has secured this project through its state-of-the-art technological and engineering capabilities, offering a turnkey solution encompassing design, procurement, and construction.
Hyundai E&C’s expertise in transmission line projects is well-established, with the company having completed a total of 33 such projects in Saudi Arabia since 1976. The power grid being constructed in the country spans approximately 20,000 km, equivalent to half the Earth’s circumference. With the completion of the 525kV project, Hyundai E&C is at the forefront of expanding Saudi Arabia’s power grid, having previously led the construction of the country’s first ultra-high voltage direct current transmission line, a 500kV HVDC project.
Furthermore, Hyundai E&C has prominent projects in the transmission and substation field, including the construction of the New Jubail 380kV Substation in 2019, which is the largest extra-high voltage substation in Saudi Arabia. The company is currently involved in around 70 projects, including substation expansions in Rafah and Shoaiba.
An official from Hyundai E&C expressed their gratitude for the trust placed in the company by the Saudi government and clients, highlighting that since Hyundai E&C entered the Saudi construction market in 1975, they have successfully executed 16 large-scale projects such as the Admiral Project and the Neom Learning Tunnel.
Looking ahead, Hyundai E&C aims to contribute to the expansion of Saudi Arabia’s power grid by successfully completing the ultra-high voltage direct transmission line project. This project is instrumental in the renewable energy grid industry and will further enhance Hyundai E&C’s position in the carbon-neutral power infrastructure sector.
By Changhyun Lee, Reporter of Hellotti
Hyundai E&C announced that it has won a series of orders following the Amiral project by winning the Saudi HVDC construction orders, further cementing the position of ‘K Construction’ in Saudi Arabia, a key foreign construction market.
On the 31st (local time), Hyundai E&C signed a contract for the Saudi Neom-Yanbu 525kV extra-high voltage direct current transmission line construction project ordered by the Saudi Central Power Authority (SEC-COA) worth 145 million dollars (about 185 billion won)., announced that he had signed a
The Saudi Neom-Yanbu 525㎸ extra high voltage DC transmission line project is a project to expand the power grid by building extra high voltage direct current transmission lines in a total of 605km from Yanbu, the power generation base on the west coast. from Saudi Arabia, to Neom New Town. Among them, Hyundai E&C is carrying out the Phase 1 project, which will build 207 km of transmission lines and 450 transmission towers, and is expected to be completed in July 2027.
Ultra-high voltage direct current transmission is a technology that converts the alternating current (AC) power generated in a power plant into high voltage direct current and transmits it to the destination. Compared with AC transmission, energy loss due to long-distance transmission is less, and it is compatible with AC systems regardless of frequency, so it is excellent in terms of stability and efficiency.
Hyundai E&C, which has built a solid relationship of trust through the execution of a number of power grid projects ordered by the Saudi Electricity Authority, won this project in a turnkey manner that involves carrying out the entire project process, including design, procurement, and construction, with state-of-the-art technological and engineering, procurement and construction (EPC) capabilities.
Meanwhile, Hyundai E&C has successfully completed a total of 33 transmission line projects for about 50 years since it started building the first transmission line in Saudi Arabia in 1976. The power grid to be built in Saudi Arabia is approx. 20,000 km in total, or half the length of the earth.
In particular, Hyundai E&C is leading the expansion of Saudi Arabia’s power grid by carrying out the 525kV project following the construction of 500kV HVDC, Saudi Arabia’s first ultra-high voltage direct current transmission line.
In addition, after the completion of the construction of the New Jubail 380kV Substation, the largest extra-high voltage substation in Saudi Arabia (2019), there are approximately 70 projects, including substation expansion in Substation Rafah and Shoaiba, stand out in the field of transmission and substation in Saudi Arabia. .
An official from Hyundai E&C said, “Since it first entered the Saudi construction market in 1975, Hyundai E&C has been stably carrying out 16 large-scale projects such as the Admiral Project and the Neom Learning Tunnel based on the trust of the government Saudi and the client.”
In addition, he said, “We will contribute to the expansion of the Saudi power grid by successfully completing the ultra-high voltage direct transmission line project, which attracts attention as the core of the renewable energy grid industry, and further expand our position in field of carbon-neutral power infrastructure.”
Reporter Changhyun Lee of Hellotti |
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