#electricity transmission


German bank to buy 20% stake in 50Hertz

Germany: German state-owned bank KfW has agreed to acquire 20% stake in Eurogrid International, the holding company of German transmission system operator (TSO) 50Hertz, on behalf of the German Federal Government.

Turkmenistan to increase power capacity across country

Turkmenistan: In order to ensure uninterrupted power supply to consumers across Turkmenistan, the country is planning to create a ring power system with new transmission lines and substations to be built.

ABB to enable first digital substation in the UK

Switzerland, Zurich: ABB has been selected to participate in the FITNESS (“Future Intelligent Transmission NEtworkSubStation”) project of SP Energy Networks, a UK-based electricity transmission and distribution network operator, to provide a digital substation scheme to protect, monitor and control the transmission network in parts of Scotland.