Turkmenistan, Schneider Electric discuss new projects

Photo: Turkmenistan, Schneider Electric discuss new projects / Turkmenistan

Ashgabat, Turkmenistan, April 30

By Huseyn Hasanov- Trend:

Turkmen President Gurbanguly Berdimuhamedov received the heads of French Schneider Electric, namely, president of the Supervisory Board Henry Luckmann and executive vice president Frederick Abbal, the Turkmen government said on April 29.
Abbal will represent the company's interests in Turkmenistan.

The sides exchanged views on the partnership prospects.

"The heads of the company, a world leader in the field of power engineering, informed the Turkmen leader on the implementation of previous instructions, in particular, the work on the electrification of Ashgabat carried out together with other foreign companies," according to the report. "They have submitted new proposals."

The Turkmen president has expressed interest in implementing the new joint projects of modernizing the country's energy system aimed at ensuring a reliable and uninterrupted power supply to existing industrial and social facilities and those to be commissioned.

Schneider Electric is a global leader in the manufacture of electrical equipment and automation equipment, providing a wide range of products and services to key market segments such as electricity, construction and industrial infrastructure.

Schneider Electric is engaged in providing enterprises and other facilities with modern equipment, including installation of transformers and innovative technologies in the Turkmen market.

A powerful substation of 110 kV was constructed in the northern part of Ashgabat in 2013 and was provided with the equipment of Schneider Electric.

Turkmenistan's metropolitan administration signed a major contract with Turkey's Çalik Enerji Sanayi ve Ticaret A.Ş. company in the sphere of energy in September, 2012.

Schneider Electric will also be among the subcontractors in this contract. The facilities under this contract are expected to be commissioned in December 2015.

Turkmenistan plans to increase the volume of electricity production to 35.5 billion kilowatts per hour by 2030, in accordance with the country's strategy for development of the electricity industry.

Translated by N.H., L.Z.

Edited by C.N.

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