Prysmian signs USD 701.77 Million Agreement in Germany - Wire & Cable India
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Prysmian signs USD 701.77 Million Agreement in Germany

Prysmian has already completed and supplied the first 20 km of the 550 km of cables for the 270 km route of the V5 part of the SuedOstLink earlier this year.

July 15, 2022

Prysmian
The cable company has supplied cable systems to major HVDC projects in Germany. Image Source: Prysmian Group

Italy-headquartered Prysmian Group has won a major supply agreement with Germany-based grid operator TenneT TSO GmbH. The project is intended for power transmission in Germany. TenneT awarded the EUR 700 million (~USD 701.77 million) project for the development of 546 km of 525kV HVDC underground cable systems, according to a statement by Prysmian. The cable systems will be deployed to be used in the second part of the SuedOstLink power transmission project.

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In the past, the Italian energy and telecom cable manufacturer has been providing cable systems to major HVDC projects in Germany itself. This includes the projects such as – SuedOstLink, SuedLink, and A-Nord, and has attained contracts worth over EUR 1.5 billion (~USD 1.51 billion).

Within the new deal, Prysmian will be responsible for supplying and installing a land system to transfer renewable energy from wind farms in northern and eastern Germany to cities and factory areas in the South region of Germany. SuedOstLink is further classified into two projects – V5 and V5a. Both the projects, each with 2 GW, will supply the south of Germany/Bavaria with 4 GW power.

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Moreover, the first 20 km of the 550 km of cables for the 270 km route of SuedOstLink (V5) have already been completed and delivered at the beginning of this year, as stated by Prysmian. Now, the supply of the cables for V5a has been scheduled from 2025 onwards, and V5a is slated to go into operation in 2030.

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