20
DOING BUSINESS
Prysmian Group is a leading supplier
and installer of submarine cable links
throughout the strategic and fast-growing
Asia Pacific Region, with milestone projects
such as the Penang Island in Malaysia,
the Java-Bali link in Indonesia, the Cheju
Island in Korea, the Ha Tien-Phu Quoc in
Vietnam and the Basslink interconnector
in Australia. The CNP-1 project is the
Group’s first turnkey in the Philippines.
Leading supplier in the Asia Pacific Region
With the goal of continuing to meet the
needs of high potential-growth markets
for the development of new infrastructure,
the Group is moving ahead with a major
investment
programme
to
expand
production capabilities and to multiply
the use of innovative technologies such as
HVDC (High Voltage Direct Current) cables,
which allow large quantities of energy to be
transmitted over long distances.
€90 million
contract
secured in the
Philippines
The new project for a submarine
power cable link to connect
Negros and Panay islands
strengthens Prysmian Group
business in Asia.
The
Negros-Panay
connection
project,
known as CNP-1, awarded by the Filipino
Grid Operator NGCP, is the first stage of a
larger development plan by NGCP, aimed
at connecting the Cebu, Negros and Panay
islands to each other and at strengthening
the country’s power transmission network.
Prysmian Group has been awarded
the €90 million contract
for the design,
supply, installation and commissioning
of a submarine power cable link that will
be one of the main assets to play a core
role in this plan, as it will back up the
existing 138 kV oil-filled cable circuit, which
is currently the only connection among
the islands.
The CNP-1 contract was
secured against tight competition from
Far Eastern manufacturers.
The cable
connection comprises three HVAC (High
Voltage Alternating Current) 230 kV single
core cables with XLPE insulation and single
wire armouring along a 22 km submarine
route across the Guimaras Strait.
As part of the complete system, Prysmian
will also supply and install underground
cables for the land portions of the link and
erect the two Cable Terminal Stations (CTS)
in Barotac Viejo on the Panay side and in
Magalona on the Negros side. Cables will be
produced in the Group’s excellence centre
for submarine cables in Arco Felice, near
Naples (Italy). Delivery and commissioning
is scheduled for the first half of 2016.