HD Hyundai Electric Wins KRW140.4 Billion Power Transformer Supply Contract

MT Newswires Live

2025/07/31

South Korean motor and generator manufacturer HD Hyundai Electric (KRX:267260) secured a contract to supply 13 400 kilovolts and 275kV class transformers to the UK National Grid, according to a Tuesday regulatory filing with the Korea Exchange.

The contract, valued at 140.4 billion won, is valid till Oct. 30, 2030.

The UK National Grid is a high-voltage electricity transmission network across Great Britain.

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