Samsung C&T wins W470b HVDC project in Australia

Samsung C&T said Thursday it has won a 470 billion won ($318 million) contract to build high-voltage direct current transmission infrastructure in Australia, deepening its presence in the country’s energy market. The project is part of the Marinus Link, a large-scale government initiative backed by Australia’s federal government and the state governments of Victoria and Tasmania. The scheme aims to build a 750-megawatt power interconnection between the two regions. Samsung C&T will carry out the