| By Business Wire |
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| December 10, 2012 09:00 PM EST |
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340 |
Mitsubishi
Electric Corporation (TOKYO:6503) announced today that it has
received a full turnkey order worth 198 million AED (approximately $55
million USD) from UAE's Dubai Electricity & Water Authority (DEWA) for
two large Static VAR Compensator (SVC) systems to be used at the Nahda
Substation and Car Complex Substation. The SVC systems will be shipped
in April 2013 and enter commercial operation in February 2014.
This is Mitsubishi Electric's first order from the Middle East for a SVC
system, although it has filled numerous other orders from the region,
covering products ranging from gas-insulated switchgears to transformers
for switching stations and substations. The new order reflects
Mitsubishi Electric's intention to expand its Middle Eastern market for
flexible AC transmission systems, including SVCs and other
grid-stabilizing equipment.
The demand for transmission and distribution equipment in the Middle
East is expected to increase in line with the growing use of renewable
energy systems. In addition, growing use of air conditioners and
enhanced electrical power transmission and distribution make it
important to stabilize power grids through the use of transmission and
distribution equipment.
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Specifications
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Components
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Transformers, thyristor controlled reactors (TCRs), thyristor
switched capacitors (TSCs) and harmonic filters
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Voltage
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400 kV
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Rated capacity
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Reactive power: -200MVar, +200MVar
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Capacity of transformers
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210MVA
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About Mitsubishi Electric Corporation
With over 90 years of experience in providing reliable, high-quality
products, Mitsubishi Electric Corporation (TOKYO:6503) is a recognized
world leader in the manufacture, marketing and sales of electrical and
electronic equipment used in information processing and communications,
space development and satellite communications, consumer electronics,
industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better,
and its environmental statement, Eco Changes, Mitsubishi Electric
endeavors to be a global, leading green company, enriching society with
technology. The company recorded consolidated group sales of 3,639.4
billion yen (US$ 44.4 billion*) in the fiscal year ended March 31, 2012.
For more information visit http://www.MitsubishiElectric.com
*At
an exchange rate of 82 yen to the US dollar, the rate given by the Tokyo
Foreign Exchange Market on March 31, 2012
