Hyundai sells three transformers to Oman
Hyundai Electric & Energy Systems Co., an affiliate of Hyundai Heavy Industries Group, has supplied Oman Electricity Transmission Co with three new power transformers.
Hyundai exported the ultrahigh-voltage power transformers to Oman’s state utility provider in a deal valued at $8.5 million.
The supply deal with the Oman Electricity Transmission Co., included the sales of three 400-kilovolt/500-megavolt ampere power transformers, which will be installed in a new substation north of Oman, Hyundai Electric said.
With the deal, the company’s power transformer sales in the Middle Eastern region are estimated to have reached $172 million this year, it said.
In the second half of this year alone, Hyundai Electric has won 20 such supply deals, including the $29.4 million deal clinched with Saudi Arabia in September.
Source and image: The Korea Bizwire