Switzerland, Zurich: ABB has won an order worth more than $30 million from Norway’s transmission system operator Statnett for two substations that will strengthen grid reliability and boost power supplies in Norway.
A new report titled “Medium Voltage Transformers Market: Global Industry Analysis and Opportunity Assessment 2015-2025” has been made available by Future Market Insights.
A new transformer oil market report titled “Transformer Oil Market by Type (Mineral- Naphthenic and Paraffinic), by Application (Small transformers, Large Transformers, Utility & Others), & Region (Asia-Pacific, North America, Europe, ROW) – Global Trends & Forecasts to 2020” has been made available by MarketsandMarkets.
India, Hyderabad: Having held a number of meetings with Russian officials and industrialists this week, India’s Chief Minister of Andhra Pradesh made an appeal for investments to one of the Russia’s largest steel companies, Novolipetsk Steel (NLMK).
USA, Georgia: Power transformer provider Hitachi HVB, Inc., a wholly-owned subsidiary of Hitachi, Ltd., has announced that it has changed its name to Hitachi T&D Solutions, Inc.
Nigeria, Abuja: In an attempt to avert future power system collapse and enhance service delivery to electricity distribution companies and consumers in the country, the Transmission Company of Nigeria (TCN) has identified three short term projects which are expected to have a quick and maximum impact on the transmission network.
South Africa: South African power utility, Eskom, has signed loan agreements with the African Development Bank (AfDB) for the sum of $1.34 billion towards the utility’s capital expenditure programme.
Azerbaijan, Baku: The Asian Development Bank (ADB) has approved a $750 million loan for the upgrade of the power distribution networks in Azerbaijan, which will benefit over 1.4 million consumers.
Russia, St. Petersburg: Russian transformer manufacturer Power Machines – Toshiba. High-voltage transformers (PMTT) has successfully tested the first four autotransformers manufactured for Volzhskaya HPP substations, which are being modernized by RusHydro.
India, Hyderabad: Toshiba Transmission & Distribution Systems India (TTDI) has won an UHV transformers order from Power Grid Corporation of India Ltd (PGCIL), which will be set up on a turnkey basis.
Egypt, Asyut: 26 national and international companies have presented their offers for Assiut Al-Walideya thermal power plant’s four tenders which include transformers, electrical works, civil works, and reservoirs.
Sierra Leone, Freetown: In an attempt to improve power distribution for the expanding population of Freetown, Sierra Leone’s capital, the Government of Japan has provided funds for the power distribution system upgrade in the city and its surroundings.
Africa, Congo: The African Development Bank has approved an $11 million grant to the Democratic Republic of Congo to support a regional project aimed at extending access to electricity within the country as well as to neighbouring Nile Equatorial Lakes countries in the short term.
Canada, Quebec: Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ), in association with Mexican consortium CKD, plans to invest $1.83 billion in energy infrastructure projects in Mexico.
Nigeria, Abuja: The transformer fire that broke out over the past weekend at Angwuar Tiv, a sprawling shanty settlement in Lugbe on the outskirts of the Nigerian capital Abuja, has thus claimed 12 lives.
The European Bank for Reconstruction and Development (EBRD) has granted a $241 million (€218 million) loan to Albania’s state-owned electricity generation company Korporata Elektroenergjitike Shqiptare (KESH) to support its restructuring and reform package.
India, Pune: Markets and Markets has made available a report titled “Pad-mounted Transformer Market by End User (Industrial, Commercial, and Residential), by Phase (Single and Three), by Rated Power (1 MVA), by Insulation Type (Dry-type and Liquid-Immersed) & by Region – Global Forecast to 2020″.
China, Beijing: State Grid Corporation of China has announced it will buy the controlling stake in CPFL Energia S.A., a Brazilian power distributor for $1.8 billion, to further strengthen its position in the Brazil’s electricity sector.
India, New Delhi: T&D India has requested shareholders’ approval to change the name of the company to GE T&D India, after the company has been taken over by GE.
Russia, Far East: Khabarovsk airport substation is undergoing a comprehensive reconstruction, performed by the Khabarovsk Electrical Networks has been upgraded with a third power transformer.
World Bank Group has signed an agreement to help the International Solar Alliance (ISA), consisting of 121 countries led by India, in mobilizing $1 trillion investment by 2030 to boost solar power generation globally.
Kenya: About 300,000 households and businesses will be linked to Kenya’s national grid after the African Development Bank (AfDB) approved a $130 million loan for a low-cost connection project.
Two Chinese steel companies, Baosteel and WISCO, have announced a merger and acquisition move, the first of the year in the Chinese steel market.
Canada, Ontario: Cam Tran Co., Canadian electrical transformer manufacturer and refurbisher, is working to scale up with a $3 million expansion project.