M-TEC, the South African subsidiary of Taihan Cable & Solution (TC&S), has secured a significant power grid supply project valued at approximately $38 million.

A press release said that the project, commissioned by South Africa’s state-owned power company Eskom, calls for both medium- and low-voltage cables and overhead lines. This project is part of a larger effort to stabilize and modernize South Africa’s power infrastructure.

M-TEC, established as a joint venture by TC&S in 2000, has been expanding its footprint in the South African market by securing various projects. Last year, the company achieved record sales of approximately $85.1 million), an increase of over 33% compared to the previous year, and its operating profit also doubled. Those achievements underscore M-TEC’s growing influence and capability in the region.

Eskom’s long-term plan to replace outdated power facilities and improve transmission efficiency aligns with M-TEC’s strategic goals. The utility company plays a critical role in South Africa’s energy sector but faces challenges such as aging infrastructure and frequent power outages known as load shedding. These issues have prompted significant investments in infrastructure projects like the one secured by M-TEC.

The recent contract with Eskom positions M-TEC to participate in future bids for medium and long-term projects, potentially increasing its order volume. TC&S views M-TEC as a strategic base for entering the broader African market. The company’s investment in expanding medium and low voltage cable production facilities began in the second half of 2023 and is expected to be completed in the first half of this year, aiming for sustained growth.

The release noted that South Africa is the largest economy in Africa, with a well-established financial and industrial infrastructure. Investments in power and infrastructure have been increasing, and M-TEC will seek to leverage its local production base, contract achievements and local network to become a supply hub for power infrastructure across Africa.