LS-VINA, a subsidiary of LS Eco Energy, will supply $33 million in ultra-high voltage cables for a grid construction project led by Vietnam Electricity (EVN).

Per a report at Businesskorea.co.kr, the grid project in Hanoi will target both the city center and its suburban districts. The project involves construction of a 220 kV national power transmission network, part of Vietnam’s broader effort to support rapidly rising electricity demand in urban areas. EVN’s long-range plan calls for increasing the installed generation capacity from 69 GW to over 150 GW by 2030 and laying more than 16,000 km of new 220 kV lines nationwide.

LS Eco Energy’s Haiphong facility is described as producing up to 100,000 tons of cable material annually, making it the largest cable plant in Vietnam. The company says that capacity meets a substantial share of national demand—estimated at approximately 200,000 tons per year—with LS-VINA supplying nearly half the market’s volume. The company also holds an 80% market share in the 220 kV segment and remains the only manufacturer in Vietnam capable of producing cables at that voltage level.