#Middle East


L&T wins key substation orders

India, Mumbai: India’s conglomerate Larsen & Toubro (L&T) has announced winning major orders in the Gulf region.

Marsons plans to set up a manufacturing base in UAE

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.

ME Smart Transformers Market to grow at 5.2% CAGR

Ireland, Dublin: Research and Markets has announced the addition of the “Middle East Smart Transformers Market – Growth, Trends and Forecasts (2015-2020)” report to their offering.

With $100B investment, SA is one of key transformer markets

Research and consulting firm GlobalData predicts the global transformers market will be worth $14 billion by 2020, up from $11.3 billion in 2014, driven by extensive power plant capacity additions, economic growth, and the need to improve access to electricity in emerging economies, such as Asia-Pacific and the Middle East, Utilities-me reports.

Elia and Siemens form partnership for international HV projects

Belgium, Bruxelles: Elia Grid International (EGI) and Siemens NV/SA have entered into an agreement to jointly identify, develop and – when advisable and approved by the customer – implement potential high-voltage projects in the so-called EMEA region (Europe, Middle East and Africa).