Finance

National Grid awarded $76.4 billion supply chain framework

Published by Global Banking & Finance Review

Posted on March 13, 2025

1 min read

· Last updated: January 24, 2026

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National Grid awarded $76.4 billion supply chain framework
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(Reuters) - Britain's National Grid on Thursday said it had been awarded two parts of a 59 billion pound($76.36 billion) high voltage direct current supply chain framework to support key energy

National Grid Wins $76.4 Billion Energy Supply Chain Framework

(Reuters) - Britain's National Grid on Thursday said it had been awarded two parts of a 59 billion pound($76.36 billion) high voltage direct current supply chain framework to support key energy projects in the UK.

The framework aims to establish long-term partnerships and secure essential equipment for current and future energy needs.

($1 = 0.7726 pounds)

(Reporting by Chandini Monnappa in Bengaluru; Editing by Anil D'Silva)

Key Takeaways

  • National Grid awarded two parts of a $76.4 billion framework.
  • The framework supports high voltage direct current projects.
  • Aims to establish long-term partnerships in the UK.
  • Secures essential equipment for energy needs.
  • Part of Britain's energy infrastructure development.

Frequently Asked Questions

What is the main topic?
The main topic is National Grid's $76.4 billion supply chain framework to support energy projects in the UK.
What does the framework aim to achieve?
The framework aims to establish long-term partnerships and secure essential equipment for current and future energy needs.
How much is the framework worth?
The framework is valued at approximately $76.4 billion.

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