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Hyosung Corp. announced that its affiliate, Hyosung Power & Industrial Systems Performance Group, has won a US$233mn contract to build eight electricity substations in Qatar.
Under the contract, Hyosung Power and Industrial Systems will build six 220 Kv and two 66-Kv electrical transformer substations by the end of 2013.
Engineering and procurement
Hyosung added the affiliate will be responsible not only for the construction but also for engineering and procurement for the Qatar project.
In a previous deal, the company clinched a US$130 billion order to build three 132-KV and two 66-KV substations in Qatar, which are scheduled to be completed next year.