This opportunity entails setting up a manufacturing / assembly plant for dry transformers (up to 10 MVA).
KSA has massive plans to increase transmission capacity, amounting to ~69,000 Ckt km of high voltage lines and ~250,000 MVA of high voltage substations (cumulative 2017 – 2030). Similarly, planned additional distribution capacity to amount to ~69,000 Ckt km for high voltage lines and ~219,000 MVA for high voltage substations (cumulative 2017 – 2030).
Beyond KSA, major regional capacity additions are planned to service the double-fold regional demand growth. Plans to increase regional transmission capacity beyond KSA amount to ~259,000 Ckt km of high voltage lines and ~775,000 MVA of high voltage substations (cumulative 2017 – 2030). Similarly, planned additional distribution capacity to amount to ~1.9 million Ckt km for high voltage lines and ~819,000 MVA for high voltage substations (cumulative 2017 – 2030).
The KSA dry transformers market is estimated at USD 22 million in 2017 and is expected to grow at a CAGR of 2.2%, to reach a value of USD 30 million by 2030.
With forecasted market growth, multiple opportunities exist to localize the dry transformers production value chain. The main focus of this opportunity is on manufacturing and assembly of dry transformers:
- Manufacturing: winding process, insulation reinforcement, core construction, tank construction, painting
- Assembly: winding assembly, core assembly, drying process, fitting and other accessories assembly, oil filling and filtration, vacuum pressure impregnation
However, opportunities also exist in dry transformers testing which includes,
- Loss measurement and temperature rise tests, dielectric tests, zero phase sequence, sound and short circuit tests, vacuum tests, other tests
Sector