LS Cable & System, a subsidiary of LS, has secured a 140 billion won contract from Singapore Power Group for an ultra-high-voltage power grid project in Singapore, further strengthening its position in Southeast Asia’s growing power infrastructure market.
Under the agreement, LS Cable will supply 400-kilovolt (kV) and 230-kV ultra-high-voltage cables for the power grid being developed by Singapore Power Group. The contract comes as Singapore continues to expand its electricity infrastructure to support rising energy demand, including that driven by the rapid growth of artificial intelligence (AI) data centres.
According to the company, Southeast Asia has emerged as a key market for ultra-high-voltage cable demand, with Singapore serving as a regional hub for AI-driven data centre investments. LS Cable has been actively involved in the development of Singapore’s national power grid and has maintained the leading position in the country’s ultra-high-voltage cable market since 2010.
The company is also expanding its presence across the broader Southeast Asian region. In Vietnam, its local subsidiary LS-VINA recently secured major cable supply contracts, including a project for a mixed-use new town development in Haiphong in April and a 60-megawatt (MW) data centre project last month.
Beyond Asia, LS Cable continues to strengthen its global business portfolio through large-scale infrastructure projects. The company has signed multi-trillion-won long-term busduct supply agreements with major technology companies in North America and secured a 2.5 trillion won high-voltage direct current (HVDC) transmission project in Europe.
These contract wins have contributed to a record order backlog of 7 trillion won, reflecting growing demand for power transmission and distribution infrastructure worldwide
