Altrons Powertech Transformers receives a R350 million Miniature Substation Contract

Powertech Transformers, a subsidiary of Powertech and the JSE listed Altron Group has received the majority share of the miniature substation contract from Eskom to the value of approximately R350 million. The contract, which covers a two year period 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 said, We are delighted to be awarded this large order.  Obtaining repeat business in a highly competitive domestic market from a key customer such as Eskom, confirms their confidence in us as a strategic local partner as well as their commitment to their 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, NECRTs as well as LNERs and shunt reactors.