Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
National Grid and SSEN Transmission signed a firm turnkey contract with NKT for the design, manufacture, and installation of the 525 kV HVDC power cable system for Eastern Green Link 3. The contract value exceeds EUR 2.2 billion (over EUR 1.7 billion at standard metal prices), making it NKT's largest single cable project order. The scope covers approximately 680 km of subsea and underground HVDC cable connecting Peterhead (Scotland) to Walpole (Norfolk) with a capacity of up to 2 GW.