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.
Argentina: Abengoa has been awarded a transformer station extension project by the Management Committee of Fideicomiso de Obras de Transporte de Argentina (FOTAE).
USA: Potomac Edison, a subsidiary of FirstEnergy, has begun construction of a new 34.5 kV power line as part of the $5 million project which will link an existing substation near Baker, West Virginia, to a new substation that will be built in Mathias, West Virginia, in 2017.
United Kingdom, London: After UK voted to leave the EU in the national referendum, several bidders for Tata Steel’s UK business are close to abandoning talks with their Indian owner as the outcome of the EU referendum threatens to deepen the crisis surrounding the UK’s biggest steel producer.
Siemens will supply National Grid UK with a replacement HVDC transformer for the CrossChannel link between the United Kingdom and France.
India, Madhya Pradesh: India’s transformer manufacturer BHEL Bhopal has successfully tested a special type split winding 400 kV transformer produced for the client Singareni Collieries Company Limited.
The Asian Infrastructure Investment Bank (AIIB) has approved a loan of $165 million for the upgrade and expansion of power distribution system in Bangladesh.
Research Corridor has recently added new report titled “Transformer Oil Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast – 2015 – 2022” to its offering.
Pakistan: Pakistan’s National Transmission & Dispatch Company Limited (NTDCL) has issued an invitation for bids for the procurement of ten 220 kV, 250 MVA auto transformers.
USA, New York: A massive fire caused by a faulty transformer has engulfed a power substation in Hillburn, New York.
Pakistan: Pakistan’s Federal Board of Revenue (FBR) has imposed 10% customs duty on the import of grain-oriented electrical steel used in the manufacture of transformers and other products.
Tanzania’s rural electrification expansion programme is set to receive $200 million approved by the World Bank, provided by the International Development Association.
Croatia, Dubrovnik: Dubrovnik Airport has awarded KONČAR – Power Plant and Electric Traction Engineering (KET) a contract for the reconstruction of the transformer station located at the site of the airport in Dubrovnik, Croatia.
Russia. St. Petersburg: Transformer manufacturer Power Machines – Toshiba. High-voltage transformers has manufactured the first 220 kV, 200 MVA transformer for the Russian hydroelectric company RusHydro following the agreement on cooperation between the two companies.
Poland: The first phase-shifting transformer between Poland and Germany has been put in operation at Mikulowa station in Poland.
In Africa, the Ethiopian Electric Utility and Uganda’s Rural Electrification Agency have announced tenders for the procurement of electrical equipment.
According to vice-president of China Electrical Equipment Industrial Association (CCEIA), China is also moving towards high efficiency transformers, facing the same challenge of balancing performance with cost as that faced by the U.S. and the EU countries.
Belgium, Brussels: China and Serbia signed the agreement over the sale of Serbia’s largest steel producer, Zelezara Smederevo, to Hebei Iron & Steel.
IndexBox Marketing has published a report titled “U.S. Power, Distribution, and Specialty Transformer Market. Analysis and Forecast to 2020.”
Canada, British Columbia: BC Hydro has completed the $23 million (CAD 32 million) Buckley Bay substation which will help meet the growing electricity needs of the Comox Valley.