Date: 2026-11-12 hits: 101
Through its US subsidiary T.E.USA, Taihan Cable secured an EHV turnkey power grid contract worth approximately USD 88.8 million. Under this model, the local US subsidiary handles engineering, civil works, cable laying, acceptance and regulatory compliance to satisfy US grid standards and Buy America requirements, while the parent factory in Korea manufactures EHV cables and accessories. Contract timeline: Oct 2026 – Dec 2028. The end customer remains confidential under NDA. Background: The US faces ageing grid infrastructure and surging power demand from data centres, creating substantial demand for underground EHV cables. Taihan has continuously built local entities and qualifications in the US. It won another USD 74 million EHV turnkey order in January this year. Export takeaway: Asian cable manufacturers can barely win US grid tenders by simply exporting goods. It is essential to set up local US project companies, local installation teams, bonded warehouses and full UL certification packages.