Ecuador, Quito: LS Industrial Systems Co. (LSIS), a South Korean electric power systems provider, has won a $9.1 million order to build a 230 kV substation, with power transformers and associated electrical equipment, in Portoviejo, a western costal city in Ecuador.
KOREA and FRANCE, Paris: GE and LSIS signed a Memorandum of Understanding (MoU) for comprehensive cooperation in power, smart energy, and smart factory solutions.
Germany: Siemens has received a contract from the Korean company LSIS for the delivery of ten power transformers for mobile substations in Iraq.
South Korea, Seoul: LS Industrial Systems (LSIS), a Korean electrical equipment producer, has won a $147 million contract as part of the Bismayah New City Project (BNCP) to build electricity infrastructure in Iraq. This is the largest-ever overseas deal worth US (161.2 billion won) for the company.