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An aerial view of Gaon Cable's Gunpo plant. / Courtesy of Gaon Cable

Gaon Cable announced on June 23 that it will supply underground transmission lines worth tens of billions of won for a project to build a mega 80-megawatt (MW) data center in Gyeonggi Province.

The project aims to construct a power grid necessary for data center operations. Gaon Cable will handle both the supply of transmission line materials and the installation process as a turnkey package. Notably, the company plans to enhance the reliability of the power supply by establishing a redundant power system that secures both primary and backup power sources.

As data centers require a continuous and stable supply of massive amounts of power throughout the year, power grid construction capability is considered a core competitiveness.

With the recent expansion of cloud and AI services driving up electricity demand from data centers, the importance of power infrastructure has been growing significantly. Consequently, the data center power grid construction market is projected to witness sustained growth.

Gaon Cable, the top player in the domestic medium-voltage (MV) cable market, has been expanding its data center power grid business based on its technical prowess accumulated in the transmission and distribution sectors. Furthermore, its US subsidiary, LSCUS, has secured a 5-trillion-won long-term supply contract for busducts with global Big Tech companies.

As a result, Gaon Cable has established a comprehensive business structure capable of supplying everything from external power grid cables to internal power distribution busducts, broadening its business scope into data center power infrastructure.

"A data center's competitiveness begins with a stable power supply," said Jeong Hyeon, CEO of Gaon Cable. "Based on our capabilities in transmission line supply and construction, we plan to continuously expand our footprint in the data center power infrastructure market."

                                                                                                         Son Kang-hoon