Secure Power Contracts in Afr

RNS Number : 7939V

TT electronics PLC

03 June 2008

 



TTG.L

TT electronics powers ahead in Africa and the Middle East

TT electronics plc is pleased to announce that the group's Secure Power division has been successful in winning contracts worth a total of £8m for projects in the Middle East and North Africa. 

These contracts, which are for delivery this year, cover the supply of:

• Generating sets and uninterruptible power supplies for the United Arab Emirates Government development of the electricity infrastructure for the tourist industry in Dubai. 

• Power protection equipment to Ghana for the housing electrification programme.  

• High reliability, mission critical power generation equipment for the petrochemical industry in Algeria.

TT electronics is benefiting from strong demand for generator sets and uninterruptible power supplies from the Middle East and Africa, driven by the increasing requirement for reliable electricity supplies for domestic electrification and infrastructure improvements.  

Neil Rodgers, Chief Executive of TT electronics, commented:

 'We are delighted to be able to announce these contracts which underline the success of our ongoing strategy of targeting the higher margin petrochemical and power infrastructure markets. These markets demand high reliability, specialist equipment of which we are an approved global supplier. This news comes on the back of strong order intake for secure power systems which will be supplied from our recently extended manufacturing facility in Mexico.'

Enquiries: 

TT electronics plc Neil Rodgers, Chief Executive	Tel:  [phone]
Biddicks Zoë Biddick	Tel: [phone]

Notes to editors

Recent research shows that the world market for diesel and gas engine powered generating sets has grown by nearly 10 per cent per annum since 2002 from an output capacity of just under 40,000 megawatts to 68,500 megawatts in 2007. After Europe and the Far East, the Middle East and Africa are the largest importers of generator sets, together representing approximately 30% of the global import market.

TT electronics plc's secure power division is a leading provider of specialist mission critical secure power solutions around the world. 

Through TT electronics' industry leading brands, Dale Power Solutions, Erskine Systems, Ottomotores and WT Henley, the division provides a complete service from design and project management right through to commissioning and after-care support.

Major markets include financial services, petrochemicals, retail and the utility sector. The division's operations in the UK, Mexico and China service clients in Europe, the Middle East, Africa, the Far East and Latin America.

 

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