Localization Of Power Cables Production

This opportunity entails setting up a manufacturing / assembly plant for power cables (>220 KV EHV).

KSA has massive plans to increase transmission capacity, amounting to ~69,000 Ckt km of high voltage lines and ~250,000 MVA of high voltage substations (cumulative 2017 – 2030). Similarly, planned additional distribution capacity to amount to ~69,000 Ckt km for high voltage lines and ~219,000 MVA for high voltage substations (cumulative 2017 – 2030).

Beyond KSA, major regional capacity additions are planned to service the double-fold regional demand growth. Plans to increase regional transmission capacity beyond KSA amount to ~259,000 Ckt km of high voltage lines and ~775,000 MVA of high voltage substations (cumulative 2017 – 2030). Similarly, planned additional distribution capacity to amount to ~1.9 million Ckt km for high voltage lines and ~819,000 MVA for high voltage substations (cumulative 2017 – 2030).

The KSA power cables market is estimated at USD 16 million in 2017 and is expected to grow at a CAGR of 8%, to reach a value of USD 45 million by 2030.

With forecasted market growth, multiple opportunities exist to localize the power cables production value chain. The main focus of this opportunity is on manufacturing and assembly of power cables:

  • Manufacturing: wire-drawing, annealing, stranding and shaping, extrusion, PVC insulation
  • Assembly: core lay-up, inner layer sheathing, outer layer sheathing, steel armoring, cable end securing, cable end sealed against moisture

However, opportunities also exist in power cables testing which includes,

  • Quality control checks, voltage test

Sector

Energy

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