Taihan Cable Bags Power Grid Project for AI Data Center in Australia; Shares Decline 7%

MT Newswires Live

07/08

Taihan Cable & Solution (KRX:001440) secured a turnkey project to build a power grid for an AI data center for Australia's largest electricity transmission network operator, Transgrid, the cable maker said in a Wednesday release.

The contract is valued at 45 billion won, according to the release.

Under the contract, Taihan will design and build a 330-kilovolt extra-high-voltage cable system on a turnkey basis to provide a stable, large-scale power supply to the AI data facility.

Shares of Taihan Cable & Solution fell over 7% in recent trade.

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Solution (KRX:001440) secured a turnkey project to build a power grid for an AI data center for Australia's largest electricity transmission network operator, Transgrid, the cable maker said in a Wednesday release.</p><p>The contract is valued at 45 billion won, according to the release.</p><p>Under the contract, Taihan will design and build a 330-kilovolt extra-high-voltage cable system on a turnkey basis to provide a stable, large-scale power supply to the AI data facility.</p><p>Shares of Taihan Cable &amp; Solution fell over 7% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OZF.AU","symbol_name":"SPDR S&P/ASX 200 FINANCIALS","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2649957953","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2649957953","pubTimestamp":1783485395,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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