An electrical connection component (100, 700) for a machine cable, the electrical connection component (100, 700) capable of transmission of power with voltage levels greater than or equal to 1 kV, the electrical connection component (100, 700) comprising: a first electrical contact arranged for electrically coupling with a second electrical contact and arranged for direct or indirect coupling to a conductor of the machine cable; a housing portion in which at least a portion of the first electrical contact is positioned; a flexible element configured to be engaged with an outer surface portion of the machine cable; and a cable clamping assembly comprising a first ring-like bracket configured to be disposed around the machine cable, the first ring-like bracket comprising a plurality of bores adapted to receive a plurality of fasteners for securing the first ring-like element to the housing portion and for pressing the flexible element, when positioned around an outer surface portion of the machine cable and between the first ring-like bracket and the housing portion, towards the housing portion in a manner such that the flexible element deforms and is configured to impart a clamping force around the outer surface portion of the machine cable, wherein the flexible element comprises a resilient annular member that is arranged to receive the machine cable, wherein the resilient annular member is a ring-like member, and wherein the cable clamping assembly and the ring-like member are arranged such that a clamping force is exerted by the ring-like member to the portion of the machine cable and the clamping force is distributed substantially uniformly around the portion of the machine cable, characterized in that the cable clamping assembly further comprises a second ring-like bracket that is disposed around the machine cable, the first and second ring-like brackets (106, 112) being adapted to press the flexible element, when positioned around an outer surface portion of the machine cable and between the first and second ring-like brackets (106, 112), towards the housing portion in a manner such that the flexible element deforms and is configured to impart a clamping force around the outer surface portion of the machine cable, and the first and the second ring-like brackets (106, 112) are securely fastened to the housing portion of the component (100, 700) by a plurality of fasteners engaging the first and the second ring-like brackets (106, 112) at a plurality of locations disposed around the machine cable. a first electrical contact arranged for electrically coupling with a second electrical contact and arranged for direct or indirect coupling to a conductor of the machine cable; a housing portion in which at least a portion of the first electrical contact is positioned; a flexible element configured to be engaged with an outer surface portion of the machine cable; and a cable clamping assembly comprising a first ring-like bracket configured to be disposed around the machine cable, the first ring-like bracket comprising a plurality of bores adapted to receive a plurality of fasteners for securing the first ring-like element to the housing portion and for pressing the flexible element, when positioned around an outer surface portion of the machine cable and between the first ring-like bracket and the housing portion, towards the housing portion in a manner such that the flexible element deforms and is configured to impart a clamping force around the outer surface portion of the machine cable, wherein the flexible element comprises a resilient annular member that is arranged to receive the machine cable, wherein the resilient annular member is a ring-like member, and wherein the cable clamping assembly and the ring-like member are arranged such that a clamping force is exerted by the ring-like member to the portion of the machine cable and the clamping force is distributed substantially uniformly around the portion of the machine cable, characterized in that the cable clamping assembly further comprises a second ring-like bracket that is disposed around the machine cable, the first and second ring-like brackets (106, 112) being adapted to press the flexible element, when positioned around an outer surface portion of the machine cable and between the first and second ring-like brackets (106, 112), towards the housing portion in a manner such that the flexible element deforms and is configured to impart a clamping force around the outer surface portion of the machine cable, and the first and the second ring-like brackets (106, 112) are securely fastened to the housing portion of the component (100, 700) by a plurality of fasteners engaging the first and the second ring-like brackets (106, 112) at a plurality of locations disposed around the machine cable.