NKT awarded two high-voltage projects under existing framework agreement with TenneT

Danish cable installation specialist NKT has been awarded two turnkey projects in Germany under an existing multi-year framework agreement with Dutch-German transmission system operator TenneT.

The projects are part of TenneT’s 2GW Program, which is considered one of the most ambitious infrastructure projects in the energy transition of Europe.

TenneT has selected NKT to provide 525kV XLPE high-voltage direct current (HVDC) on- and offshore power cable systems for two projects under the existing framework agreement, which was announced on May 5, 2023.

The two projects awarded to NKT by TenneT are LanWin7 and a part of NordOstLink. The contracts are expected to be called off in 2026-2027 and will have a combined value of approximately €1 billion (US$1.04 billion), which includes cable design, engineering, production as well as on- and offshore installation.

With these projects, a total of five projects have been awarded to NKT under the framework agreement, which runs until 2028 with possible extension until 2031.