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Europe Power and Distribution Transformer Industry

A new report on the European power and distribution transformer industry market is available, analysing current development trends, competitive landscape analysis, and key regions development status.

Indian state plans 249 new power substations

India, Maharashtra: Planning to revamp the entire electricity distribution network in the state, the Maharashtra state government has devised a multi-million million plan to improve the distribution system and mitigate electricity losses.

Cevian engages consultant to study potential split-up of ABB

ABB’s second-biggest shareholder, Swedish investment company Cevian, has hired Boston Consulting Group to study a potential break-up of the Swiss engineering group, turning up the pressure for a revamp of the company, reports Manager Magazin.

Indonesia places $35M order for 28 power transformers

India, Mumbai: Avantha Group Company CG has won a $35 million order from PT PLN (Persero), the state-owned electricity company of Indonesia, to manufacture and install 28 power transformers across PT PLN’s transmission network.

German experts arriving in Sri Lanka to inspect faulty transformers

Sri Lanka: German transformer experts are due to arrive in Sri Lanka on Monday 21 March to inspect some 30 electrical transformers and recommend ways to prevent countrywide power failures after two identical transformers exploded and caught fire at Biyagama and Kotugoda substations last week, causing island-wide blackout.

ABB wins $140M HVDC order for Danish-German interlink

Switzerland, Zurich: ABB has received an order worth around $140 million from transmission system operators Energinet.dk in Denmark and 50Hertz Transmission in Germany to design, supply and install an HVDC (high voltage direct current) converter station in Bentwisch, Northern Germany.

Angola’s Nzeto substation to be completed by June

Angola: The Nzeto power substation in Angola is expected to be completed by June this year, which will facilitate the transmission of electricity from 753 MW Soyo combined cycle power plant to Zaire, Bengo and Luanda provinces.

Abu Dhabi plans $128M infrastructure projects

UAE, Abu Dhabi: Abu Dhabi government is set to invest more than $128 million on major infrastructural projects, which will also include electricity distribution projects.

CG to sell overseas power business for $126M

India, Mumbai: Electrical equipment and transformer manufacturer Crompton Greaves Ltd has agreed to sell its international power business to the U.S. private equity firm First Reserve International Ltd for an enterprise value of €115 million ($126 million), according to VC Circle.

ABB supplying transformers for $132M Arctic project

Finland: Finland’s first commercial offshore wind farm, the €120-million ($132 million) 40 MW Tahkoluoto project in the Gulf of Bothnia, in the north of the Baltic Sea, west of Finland, will be custom-designed and built to withstand the local icy conditions.

Transformer contract for HVDC Nemo Link awarded

Siemens has announced it won a contract for the supply of eight converter transformers for the Nemo Link project, a high-voltage direct current (HVDC) transmission system connecting Belgium and Great Britain.Siemens has announced it won a contract for the supply of eight converter transformers for the Nemo Link project, a high-voltage direct current (HVDC) transmission system connecting Belgium and Great Britain.

Korean company signs MoU with Egypt on $200M project

South Korea: South Korea’s trading firm Daewoo International Corp. signed a memorandum of understanding with the Egyptian government on electric power transmission and distribution procurement for $200 million.