Philippines to get 18 new transformers worth 27m
ABB will be providing services.
ABB has won orders worth approximately $27 million from the National Grid Corporation of the Philippines (NGCP) to design, supply and commission 18 transformers. The new transformers will enhance grid reliability and increase power capacity to support economic growth.
An aging infrastructure coupled with a fast-growing population and an agenda of industrial and economic development is driving the demand for reliable electric power in the Philippines. NGCP is executing a structured program to strengthen the aging power grid. The 18 transformer units from ABB will be installed in key substations across the country.
“We are pleased to partner with NGCP for this important upgrade that will strengthen the Philippines’ power grid, enhance efficiency and improve reliability of power supply to consumers. 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.