Transgrid has signed a supply contract with Hitachi Energy for crucial equipment, expediting procurement for critical transmission projects.
Hitachi Energy will provide 15 500kV shunt reactors for the VNI West and HumeLink projects.
The contract was unveiled after Transgrid CEO Brett Redman travelled to Tokyo to meet with Hitachi Energy CEO Claudio Facchin.
“Delivering Australia’s energy transition comes with a big shopping list and contracts like this one with Hitachi Energy will secure the equipment we need to deliver nation-critical transmission projects,” Redman said.
Redman added that HumeLink, VNI West, and EnergyConnect would benefit millions of Victorian, New South Wales, and South Australian residents.
Transgrid has combined procurement for the three projects into a single initiative, Powering Tomorrow Together, estimated to save up to $500 million.
According to Redman, Transgrid is speeding up its program of work to bring Australians cheaper and cleaner energy.
“This enables us to compete globally with other nations and energy companies for highly-sought-after equipment and deliver the projects faster and cheaper for consumers,” he said.
Hitachi Energy CEO Claudio Facchin stated that the shunt reactors would be critical in enhancing system energy efficiency and supporting Australia’s rapid energy transition.
“Our technologically advanced shunt reactors are designed and built for reliability, durability, and efficiency to meet the most stringent requirements and contribute to a sustainable, flexible and secure energy system,” Facchin added.
Hitachi Energy will design, manufacture, and supply the shunt reactors before supervising installation and commissioning at various project sites across New South Wales.
The shunt reactors are scheduled to be delivered in 2025.
