AusNet sidesteps global supply chain concerns with transformers contract

AusNet has secured a $300 million contract with Hyosung Heavy Industries to supply 45 ultra-high-voltage transformers over the next five years. This deal aims to mitigate global supply chain risks and support Victoria's transition to renewable energy.
AusNet has signed a long-term supply contract with Hyosung Heavy Industries to secure the supply of up to 45 ultra-high-voltage power transformers as it works to strengthen Victoria’s transmission network, support the continued growth of renewable energy generation in the state and growing electricity demand.
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