30 September 2013 – The majority share of a R350 million miniature substation contract awarded by national electricity utility has gone to Powertech Transformers, a subsidiary of Powertech and the JSE listed Altron group. The contract, which covers from August 2013 to July 2015, comprises miniature substations which will be supplied to Eskom nationally.
The miniature substations are intended for various housing developments throughout South Africa where Eskom supplies power. These substations will be manufactured locally in Powertech Transformers’ Cape Town factory and transported from there to locations where they are required in terms of the Eskom contract.
Commenting on the contract, Bernard Meyer, CEO of Powertech Transformers says, “Obtaining repeat business in a highly competitive domestic market from a key customer such as Eskom, confirms its confidence in us as a strategic local partner as well as its commitment to its localisation programme which benefits South Africans directly.”
With the equivalent of approximately 80 miniature substations of various sizes being supplied per month over 24 months, this contract constitutes a significant contribution to supporting local manufacturing and retention of jobs in the Cape Town region.
Powertech Transformers supplies a full range of transformers, from generator step-up to transmission and distribution transformers in its three factories. The range includes three-phase and single-phase units, auto-transformers, arc-furnace, locomotive and traction transformers, miniature sub-stations, NECRT’s as well as LNER’s and shunt reactors.