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NKT receives French contract for long-term supply of high voltage power cables

5/7/2021:  NKT reports that it has been awarded a long-term frame agreement with French Transmission System Operator, Réseau de Transport d’Electricité (RTE) to supply it high-voltage power cables.

A press release said that the agreement builds upon a decade of successful collaboration between NKT and RTE. “This new frame contract is a testament to NKT’s presence in France and a confirmation of the mutually rewarding business relationship between NKT and RTE.”
NKT will supply 25 kV high-voltage AC XLPE underground power cable systems, and install accessories such as joints and terminations. The contract covers from 2021 through 2023, with an option for one additional year, as RTE furthers its goal to renew and modernize the transmission power grid in France to support energy transition.

“We are fully committed to accelerate the sustainability journey as we are the first major power cable manufacturer to commit to the Science Based Target initiative and to become a net-zero emissions company supporting RTE in their ambition of making ‘the Greener Choice,’” said NKT President and CEO Alexander Kara.

NKT is currently supporting RTE by executing a 225 kV high-voltage retrofitting power cable project in Marseille, where old cables installed in steel pipes are being replaced with new armored extruded XLPE type cables. The power cables for both the retrofitting project and the new frame agreement are to be made at NKT’s factory in Cologne, Germany, which runs on 100% green electricity.

Read 1613 times Last modified on May 7, 2021

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