Hanoi, Vietnam, August 11, 2011 — GE is helping power Vietnam's economic growth with new custom-designed fixed series capacitor banks.
The systems also will increase the power transfer capability of PTC2's current transmission lines, helping engineers better control voltages and better manage increasing energy demand.
GE signed a memorandum of understanding with NPT in March that called for both companies to work together to increase Vietnam's power transmission efficiency and expertise and reduce the risk of power shortages.
As part of the MOU, GE was certified as an approved supplier of equipment to NPT and will establish training workshops to share its global experiences and expertise in the repair and selection of equipment for NPT's transmission activities.
The function of the Fixed Series Compensation system and its capacitors in a power grid is to improve efficiency by minimizing electrical losses and increase the overall transfer capability of the transmission system.
The contract was jointly signed on May 12, 2011, in the city of Danang, Vietnam. GE is designing, supplying, supervising installation, testing and commissioning the new capacitor banks. The capacitors are scheduled for delivery in the fourth quarter of this year.