Prysmian's High Voltage Power Grid to Bring Energy to the Beijing 2008 Olympic Village

(Business News & Technology News, 1 Aug 2008)

Prysmian Cables and Systems, one of the leading providers of cables and systems for energy and telecommunications and one of the largest Italian companies present in China, has facilitated a high value project for the Beijing 2008 Olympic Games, developing the High Voltage Power Grid to supply energy to the Olympic Village. Under the commitment of China State Grid, Prysmian commissioned 20km of high voltage cables at 220kV to supply energy to the village that covers over 66 hectares of land.

Prysmian's stamp will also be on the International Broadcasting Centre, from which Italy's RAI Television will be transmitting footage from the Olympics. The Group has in fact cabled RAI's entire broadcasting centre, providing connections of a high technical level capable of ensuring the highest quality of transmissions. Prysmian has supplied all the passive media and LAN cables under RAI's specifications, including: broadcasting cabling and connectors for media transmission; audio cabling and connectors; UTP CAT 5E & CAT 6 cabling for LAN connectivity; MMF fibre cabling for broadcast backbone and broadband transmission, and RF radio frequency cabling and connectors.

Prysmian has five manufacturing plants and over 1,000 employees in China. Prysmian has recently opened a new plant in Beijing and presented an ambitious development plan outlining its activities in China, which aim to achieve growth of about 50 percent of its business by 2010 and foresees further investments to increase production capabilities. The total value of the investments Prysmian has made in China over the last few years and those foreseen in the plan is predicted to be over Euro100 million.

Other important Chinese projects which Prysmian is involved in include, the development of a new high voltage power grid in Shanghai, the cabling of the Beijing underground and the development and installation, on behalf of the China Nuclear Power Engineering Company, of special high technology cables for two nuclear power stations being built in the provinces of Liaoning and Fujian.

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