ZTT Grabs USD 43 Mln OWF Cable Deal in China

Business & Finance

ZTT Group said it has received the letter of acceptance to supply 35kV & 220kV submarine composite cable with accessories from China Power Complete Equipment Co (CPCEC), for H2 400MW offshore wind farm project.

The H2 400MW OWF project is located in the East China Sea coastal waters, between northern coastal of binhai and binhai port.

According to ZTT, products are expected to be delivered in April, 2017 and would be manufactured at its submarine cable factory in Jiangsu, China.

ZTT added that the bidding amount for the subsea cables was 298 million Chinese yuan or approximately $43.2 million.