Samsung C&T has moved to expand its energy infrastructure business by winning a large-scale high-voltage direct current (HVDC) transmission project in Australia.

Samsung C&T announced on the 18th that it has secured the ‘Marinus Link HVDC Project’, which will connect the state of Victoria and the state of Tasmania in Australia, in the form of a joint venture (JV). The total project cost is approximately KRW 940 billion, of which Samsung C&T’s share is about KRW 470 billion, corresponding to a 50% stake.

This project is a package contract that includes civil works for underground cable installation and the construction of converter stations. Samsung C&T is reported to have received high marks from the client by participating in the project from the early phase under an ECI (Early Contractor Involvement) scheme, in which the contractor is involved in the design stage, and by presenting an optimized design proposal and prior HVDC project execution experience.

In particular, Samsung C&T emphasized the technology and execution capabilities accumulated through the United Arab Emirates (UAE) HVDC project as a key strength in this bid. On this basis, the company is assessed to have demonstrated competitiveness in large-scale transmission infrastructure projects in Australia.

Kim Sung-jun, Head of ES Sales Division (Executive Vice President) at Samsung C&T, stated, “The Marinus Link HVDC project is a result of Samsung C&T’s technological capabilities and project execution competence being recognized in the Australian market,” adding, “The company plans to continuously expand its business portfolio in the global energy market, including Australia.”

Meanwhile, Samsung C&T has achieved cumulative orders of KRW 1 trillion in the Australian energy market this year alone, including winning the Gnarwarre Battery Energy Storage System (BESS) project in Victoria in July, worth approximately KRW 200 billion.

Samsung C&T entered the Australian energy market in 2023 with the ‘Melbourne Renewable Energy Hub (MREH) Project’ and is currently executing a total of 2.9 GWh of energy storage system projects. Leveraging the latest HVDC contract, the company plans to further strengthen its foothold in the Australian energy infrastructure market.

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