NCC, Sweden’s largest construction company, has recently been awarded a $1 billion contract by Sweden’s Svenska kraftnät. This agreement is worth about Skr7.5 billion or about $790.77 million. This historic deal gives NCC the ability to design and build over 450 kilometers of power lines. They’re starting their advocacy work in Västra Götaland County. The project will be realized over an approximate ten-year timeframe, with planning and pre-development activities starting now.
The related board action on the contract announcement was dated August 29, 2025. This short-term development is a long-term milestone for NCC. In 2024, they claimed revenues of almost Skr62 billion and 11,800 in employment. The contract highlights NCC’s capabilities and its commitment to enhancing Sweden’s energy infrastructure.
Project Scope and Duration
NCC’s ambitious plan includes a lot of extensive art work on the power lines that helps make energy transmission within the region a little more beautiful and connected. Given the company’s extensive past experience as a prime on large and complex projects, the company is extremely well positioned to win this assignment.
The construction planning phase is scheduled to begin immediately, marking NCC’s willingness to start on this bold new endeavor. The project will take at least ten years. This length of time reflects NCC’s deep commitment to ensuring the successful establishment of the power lines.
Strategic Partnership with Svenska kraftnät
To realize economies of scale, NCC and Svenska kraftnät have signed a strategic partnering agreement. This partnership will advance critical knowledge sharing and exchange between the two organizations. This partnership will improve not only this ongoing project, but future sub-projects managed by NCC.
Kenneth Nilsson, a representative from NCC, emphasized the company’s strengths in energy transmission:
“NCC has important expertise in the transmission of energy and is accustomed to managing large and multifaceted projects.”
His quotation highlights the strong confidence that Svenska kraftnät has had in NCC’s strong capabilities.
Additional Projects in Progress
Now that the final ruling on the power line project is in hand, NCC is working energetically to implement it. They are expanding and building five gas-insulated substations in Stockholm. This is a testament to the company’s strong track record in energy infrastructure development in Sweden.
This assertion exemplifies NCC’s dedication to partnership and creativity as they dive into this large-scale, regional infrastructure investment.
“The strategic partnering agreement with Svenska kraftnät will enable us to achieve economies of scale and important knowledge transfer that will benefit all sub-projects in this comprehensive assignment. We are delighted to have won this contract and look forward to commencing the partnership.”
This statement reflects NCC’s commitment to collaboration and innovation as it embarks on this significant infrastructure project.