Taihan Cable & Solution, South Korea announced in a statement, that it has awarded a deal to supply medium voltage cables in California.
The value of the contract is $60 billion.
The contract, which calls for provision of the cables over the next three years until October 2024, is another mega sized order the Korean firm has received in the US, following a $42 billion deal for ultrahigh voltage cables in September.
It puts the total orders the company has received from the country at $260 billion, the second-largest amount since 2019, statement mentioned.