(Corrects to show contracts involve three companies)
July 23 (Reuters) - Germany’s Siemens will supply and install equipment for two converter stations as part of the Viking Link project, Britain’s National Grid and Energinet of Denmark announced on Tuesday.
They said the project would consist of two parallel high voltage direct current cables to be made and installed by Prysmian Powerlink and NKT HV Cables AB.
The contracts for the companies have a combined value of 1.1 billion euros ($1.23 billion), National Grid said in a statement here
The two converter stations will be built in Lincolnshire, England, and Revsing, Denmark.
Viking Link will be the first subsea electricity inter-connector between Britain and Denmark and have the capacity to power 1.5 million homes.
$1 = 0.8945 euros Reporting by Muvija M in Bengaluru; editing by Jason Neely