Nexans Awarded EUR 190 Million Contracts in Europe and Latin America - Wire & Cable India
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Nexans Awarded EUR 190 Million Contracts in Europe and Latin America

The firm has secured contracts to supply medium voltage and low voltage cables development of the electricity distribution networks. Nexans’ innovative POWERBOOST™ MV cable technology will make its debut in projects for Italy.

February 13, 2019

Nexans Awarded Contracts for Reinforce Distribution Networks in Europe and Latin America
The contracts awarded are part of a frame agreement that cover numerous countries in Europe and Latin America.

Nexans has secured contracts worth over EUR 190 million to supply medium voltage (MV) and low voltage (LV) cables. Over the next two years, Nexans will support the development of the electricity distribution networks in Europe and Latin America.

Several Nexans units across the world were involved in the 2018-2020 tender for 12/20 kilovolt (kV) MV and 0.6/1 kV LV cables. The cables will be delivered by Nexans entities in Brazil, Chile, Columbia, Peru, Italy and Romania. In addition to meeting the technical specifications, these units are also committed to stringent environmental sustainability standards, with ISO 14067 certifications.

An innovative feature of the contract is that, in Italy, Nexans will deliver its new patented POWERBOOST™ MV cable technology, developed specifically to meet the changing needs of power grids. High-performance POWERBOOST™ technology benefits from reduced production times thanks to a simplified manufacturing process. By using a patented thermoplastic insulation formulation, POWERBOOST™ cables also require less energy to be produced (compared to XLPE cables) and can be easily recycled.

 

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