LSIS, a leading cable company in Korea, said Wednesday it was selected as a preferred bidder to manufacture a high-voltage direct current system, an advanced electric power transmissions technology, for KEPCO-Alstom Power Electronics System.
KEPCO-Alstom Power Electronics System is a joint venture firm between state-run KEPCO and France-based Alstom for electricity-related businesses.
The deal will transfer the HVDC technology to LSIS and support the company to tap into the lucrative, high-end electricity transmission market in the future, the company said.
