Germany: German power regulation company Maschinenfabrik Reinhausen GmbH (MR) has invested in Gridco Systems, a start-up company offering next-generation power electronics devices to actively manage voltage and reactive power at the distribution circuit level, which has raised $12 million in a funding round including existing investors and MR as a strategic investor.
Russia, St. Petersburg: St. Petersburg’s utility company, St. Petersburg Network, will put into operation three modular mobile substations in the north-west of St. Petersburg to ensure reliable power supply to consumers in Petrogradsky and Primorskly regions.
Siemens announced the company has recently delivered line feeder transformers to Banedanmark, Danish largest railway owner.
India, Andhra Pradesh: The state transmission company APTRANSCO is preparing for commissioning of three 132 kV substations at Bhavanipuram, Rangannagudem, and Chigurukota in June as part of its infrastructure expansion in Krishna district.
India: Indian transformer manufacturer Marsons announced that the company is in the final stage of discussions for taking over a considerable stake in a Dubai-based LLC Trading Company in order to expand on the Middle East transformers market.
Ethiopia: Ethiopian Electric Power signed an agreement with Shanghai Electric Group Company for the expansion of substations in three towns of Amhara regional state in Ethiopia at a cost of over $93 million.
India: Alstom T&D India Ltd has announced the company appointed Mr. Gaurav Manoher Negi as Chief Financial Officer.
USA, New Jersey: Cast resin transformer manufacturer Jinpan International Limited has announced that the company’s shareholders voted in favour of the proposal to authorize and approve the previously announced merger agreement among the company, FNOF E&M Investment Limited and Silkwings Limited.
India, New Delhi: India’s state-run utility company Power Grid Corporation will spend $6 billion to procure distribution equipment from domestic vendors on behalf of states, required for implementation of the rural electrification and network strengthening programmes.
Egypt, Cairo: Egyptian Electricity Transmission Company (EETC) plans to contract Alstom for the supply and installation of five transformer stations at a value of €200 million ($227 million).
India, Andhra Pradesh: Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL) will be embarking upon a major distribution network strengthening project in the urban and rural areas in the next couple of months.
USA, New York: GE has announced the company will provide a turnkey project to Tunisian Electricity and Gas Company (Société Tunisienne de l’Electricité et du Gaz) for the Bouchemma power plant.
Croatia, Zagreb: KONČAR – Power Plant and Electric Traction Engineering (KET) announced the company has started preparatory work on the reconstruction project of Kutina transformer station.
India, Mumbai: Larsen & Toubro Limited has announced the company’s Power Transmission & Distribution division won orders worth over $147 million, including a major order for an electrification upgrade in the Middle East.
India: Tata Power, India’s integrated power company, has partnered with Toshiba and Cargill to design and develop India’s first green natural ester based pad-mounted substation.
Maschinenfabrik Reinhausen GmbH (MR) has acquired a majority share in CEDASPE power Srl, a company based in Italy and with foreign subsidiaries. This will take effect on January 1, 2016.
Kenya, Nairobi: The Kenya Electricity Transmission Company (Ketraco) has awarded a contract to CAMCE China for the construction of a new substation in Nairobi County which will be able to withstand more than 2000 MW of power produced.
India, Mumbai: From 2013 to 2022, Indonesia’s only government-owned corporation in electricity generation, transmission and distribution PT PLN has a long-term plan for an additional generating capacity of 59.5 GW, with a total estimated expenditure of around $125 billion.
The South African electrical equipment supplier and manufacturer Zest WEG, part of Brazilian WEG Group, is looking for more acquisitions in Africa, having recently completed a transaction to buy TSS Transformers, which increases the range and scale of transformers on offer from the company.