NGCP buys 18 power transformers worth P1.346B

By Lenie Lectura – January 31, 2017

from Business Mirror

THE National Grid Corp. of the Philippines (NGCP) has placed an order for 18 power transformers worth $27 million (P1.346 billion).

ABB said it received the order “to design, supply and commission 18 transformers.”

ABB is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport and infrastructure globally.

The new transformers will enhance grid reliability and increase power capacity to support economic growth. These will be installed in key substations across the country.

This is the second major order ABB has received from NGCP, having won an order for three transformers last year.

“We are pleased to partner with NGCP for this important upgrade that will strengthen the Philippines’s power grid, enhance efficiency and improve reliability of power supply to consumers,” the company said.

“As part of ABB’s Next Level strategy, we are committed to support the development of power infrastructure in growing markets around the world,” said Markus Heimbach, managing director of ABB’s Transformers business unit, a part of the company’s Power Grids division.

ABB’s Power Grids division has recently won four major orders, collectively worth over $840 million, including the recent order from NGCP, to deliver state-of-the-art power-transmission technologies across three continents.  The other orders were in India ($640 million), the United States ($100 million) and Brazil ($75 million).