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TBEA Wins Bid for Dry-Type Transformer in Shanxi Province

TBEA Tianjin Transformers Company (Tianjin), a subsidiary of Tebian Electric Apparatus Stock Company Limited (SHA:600089) (TBEA) (Changji, Xinjiang), successfully won...

Released Wednesday, December 17, 2008

TBEA Wins Bid for Dry-Type Transformer in Shanxi Province

Researched by Industrial Info Resources (Sugar Land, Texas)--TBEA Tianjin Transformers Company (Tianjin), a subsidiary of Tebian Electric Apparatus Stock Company Limited (SHA:600089) (TBEA) (Changji, Xinjiang), successfully won the bid for the supply of a 26,248-kilovolt-ampere (kVA) dry-type transformer project for the Xilongchi Pump-Storage Power Station, belonging to the State Grid Xinyuan Energy Company (Beijing) in Shanxi province. This is the largest single-unit capacity for a dry-type transformer ever seen in the industry, TBEA announced.

TBEA Tianjin has made sound achievements in the dry-type transformer sector since its establishment. In 2003, the company successfully manufactured the first 10,000-kVA dry-type transformer for Qinhuangdao Port Authority, and in September 2008, the company won the first order for a 16,000-kVA dry-type transformer. Winning the bid will bring TBEA to an advanced level in the research and development of dry-type transformers and will create a firm foundation for TBEA Tianjin in maintaining its leading position in the sector, said Xikun Zhang, General Manager of TBEA Tianjin.

Xilongchi Pump-Storage Power Station is located in Wutai County, about 100 kilometers from Taiyuan, the capital city of Shanxi province. The power station plans to build four reversible pump-storage units of 300 megawatts (MW) each with a total installed capacity of 1,200 MW and a total investment of about $730 million. The power station has a rate head of 644 meters, which is the second highest in the world. Because of the high head, the main equipment of the project was procured through international competitive bidding.

Xilongchi Pump-Storage Power Station is being built and funded by Shanxi Xilongchi Pump-Storage Power Station Company Limited, a project company initially established by Shanxi Electric Power Company (SEPC) (Taiyuan, Shanxi) (73%) and Shanxi International Power Group Corporation (Tiayuan) (27%) in December 1999. In 2005, the share owned by SEPC was transferred to Xinyuan Energy, a subsidiary of the State Grid Corporation of China (Beijing). According to schedule, the project will be put into full operation in August 2009.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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