The manufacturing plant constructed by Addis Transformer and Switchgears plc is ready to launch production. The company, which is a joint venture between Ethiopian company Bridgetech plc and Emirati Company Al-Nasser Industrial Enterprises, subsidiary Federal Transformer LLC was set up with a 300 million birr capital.

The factory constructed on 2500 meter squares at the Tatek Industrial Zone, in Oromia Regional state cost an estimated 100 million birr said Yeshiwas Shibabaw, managing director of Bridgetech Plc.

It took eighteen months to complete the construction work on the factory intended to manufacture switch gears as well as transformers. The second phase of the project is expected to require 200 million birr in investment to enable the manufacture of the switch gears, power transformers and compact power substations explained Yeshiwas.

Addis Transformer and Switchgears is currently in negotiations with the Metal and Engineering Corporation to begin supplying the transformers and is ready to serve customers he noted.

The company hopes to alleviate the current delays due to the shortage of transformers that have been a problem for customers of the Ethiopian Electric Power Corporation.

It is to be remembered that the power corporation recently counseled its customers to purchase their own transformers to avoid any delay.

Source: Capital