Business / Economy

Add as a preferred source on Google

Hyundai Electric clinches $8.5 million power transformer supply deal to Oman

Hyundai Electric & Energy Systems Co.has exported ultrahigh-voltage power transformers to Oman Electricity Transmission Co. in a deal valued at US$8.5 million. The sales deal with Oman’s state utility provider includes t…

Updated 1 min read
Hyundai Electric clinches $8.5 million power transformer supply deal to Oman
The 400kV 500 MVA ultrahigh pressure power transformer exported to Oman.

Read the original article

Hyundai Electric & Energy Systems Co.has exported ultrahigh-voltage power transformers to Oman Electricity Transmission Co. in a deal valued at US$8.5 million.

The sales deal with Oman’s state utility provider includes three 400-kilovolt/500-megavolt ampere power transformers to be installed in a new substation north of Oman, said Hyundai Electric, an affiliate of Hyundai Heavy Industries Group,

The boosts Hyundai Electric’s power transformer sales in the Middle Eastern region to $172 million this year.

In the second half of 2021, Hyundai Electric won 20 such supply contracts, including the $29.4 million deal clinched with Saudi Arabia in September.

Related articles

View all