Business News

Transformer thieves arrested in Spain

The police arrested transformer thieves on the way back from 'work' last night to Valladolid. The arrest taking place in Simancas meant that a year long search for the criminals was finally over.

Secheep goes on a transformer repair mission

Secheep, an Argentinian electricity supplier has recently dealt with peak power consumption in this year's summer season and due to expecting a similar scenario soon, the company conducted restoration of the blown and damaged transformers.

Nigerian energy sector receives $ 130 million investment

The US ACEI group announced today that it has committed to invest up to $ 130 million in Azura Power, the company which is developing the Azura -Edo power project in Edo state in Nigeria. The company is expected to create a thousand direct jobs during construction and operation.

Kyzyl -Asker substation to be modernised

For the first time in over 55 years, the Kyzyl -Asker substation is to get new modern equipment which will supply electricity to the western part of Bishkek, Kyrgyzstan. This was confirmed during the National Network of Kyrgyzstan press tour yesterday.

The Valencia ice rink to become reality

The ice rink will probably be launched on the 12th or the 13th according to Julia MartĂ­nez, Managing Director of the Historic Centre Merchants Association and the promoter of the initiative. The agreement was signed with Iberdrola in order to launch the fleeting attraction.

A new documentary to focus on power theft

Fahad Mustafa and Deepti Kakkar stayed with their crew in Kanpur for 18 months to witness up to 15-hour power cuts every day for their documentary Katiyabaaz. They have managed to get good recordings of exploding transformers and cables on fire.

New Chajari substation to improve power supply

The Chajarí Electric Cooperative substation, Argentina was officially opened on Monday in the presence of the Minister of Planning Juan Javier García, provincial Energy Secretary Raúl Arroyo, the departmental Senator María Angélica Guerra, the deputy mayor Diana Verdún, the ENERSA Chajarí district chief Oscar Grassi and other officials.

ETED commissions a 200 MVA transformer installation

La Empresa de Transmisión Eléctrica Dominicana – ETED (The Dominican Electricity Transmission Company) commissioned a new 200 MVA power transformer in Palamara substation, The Dominican Republic.

UPERC urged to repair damaged transformers

On Thursday, Uttar Pradesh Rajya Vidyut Upbhokta Parishad sought an intervention of the Uttar Pradesh Electricity Regulatory Commission, India in repairs of the damaged transformers.

Kuwait to prevent transformer thefts

The Ministry of Electricity and Water in Kuwait will sign a KD 3.595 million contract with a security company to guard power transformers around the country. This will allow the Ministry to protect its facilities where multiple thefts occurred and resulted in frequent blackouts and significant financial losses.