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ZTT Winning Bidding from China State Grid with Total Amount 748 million CNY

2017-02-18 10:46:55

 

China, February 15 2017, ZTT Group - leading global manufacturer of cable systems, has successfully won 3 biddings from State Grid in “2016 Changji - Guquan ±1100kV EHV DC Transmission Line Project”, “2017 the first centralized bid for transmission lines materials ” and “2017 the first substation equipment bid (including power cable) of transmission and transformation project” which total bidding amount achieves 748 million CNY, with conductors, energy saving conductors, aluminum-clad steel wires, ADSS all top ranking in the highest bidding shares.

 

2016 Changji - Guquan ±1100kV EHV DC Transmission Line Project” is the world's first 1100kV EHV DC transmission line with the highest voltage, the largest capacity, the longest distance and the most advanced technology. Owning advantages in “Integration of transmission and distribution”, ZTT would supply conductors, special conductors, power cables, ADSS, fittings, insulators, etc. for the project of State Grid, displaying the abilities in providing complete products solutions for the major projects of State Grid which further strengthens ZTT leading positions in EHV projects and smart grid fields.

 

ZTT, as the leading enterprise of power grid products, supplies transmission lines products including conductors, special conductors, OPGW, ADSS, fittings, insulators, power cables, transformers and its related ancillary facilities to global partners. Especially, the technology of special conductor, OPGW, and HV power cable of ZTT is well-known worldwide, and can provide the complete product solutions for EHV transmission and state grid projects.

 

ZTT won these three biddings with bidding amount of 748 million CNY, with conductors, energy saving conductors, aluminum-clad steel wires, ADSS all top ranking in the highest bidding shares which would definitely have positive impact in 2017 ZTT performance.

 

ZTT Group

 

ZTT Group, global leading manufacturer, is active in the development, design, production, supply and installation of wide application ranges in telecom, power, renewable energy and oil & gas.

 

ZTT was listed on the Shanghai Stock Exchange (Stock Code 600522.SH) on Oct 24, 2002. ZTT has broken through the $5.01 billion mark in revenue in 2016, and is becoming a truly global company which products supplied in 144 countries, with 47 overseas branch offices, 7 registered subsidiaries, 50 plants (including 3 overseas plants), 7 research & development centers and over 12,000 employees.



    
 
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