Ingeteam Strengthens Its International Expansion With The Opening Of A Subsidiary In Vietnam

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 Vietnam is a fast-growing market that also provides access to other
countries such as Laos and Cambodia.
 Ingeteam currently has four orders on its books, three in Vietnam and one
in Laos for hydropower plants that include the entire electrical and control
system.
 Ingeteam strengthens its global positioning with a presence in 24
countries.

Ingeteam is consolidating its internationalisation plan with the opening of a new
subsidiary in Vietnam, a fast-growing market that also provides access to neighbouring
countries. Thereby, the company strengthens its global positioning with a presence in
24 countries.

Located in the city of Hanoi, the subsidiary is dedicated to hydropower, off-grid and
generation plants, from where Ingeteam will also serve markets such as Laos and
Cambodia.

Ingeteam currently has four orders on its books, three in Vietnam and one in Laos.
These are orders for hydroelectric power plants, including their entire electrical and
control systems. One of the power plants in Vietnam includes the plant’s 115 kV
substation as well as a bay at an existing substation. The Laos plant also includes a
220 kV substation.

Indar, Ingeteam Group also has important references in the country’s hydroelectric
sector, which it has supplied for several projects with over 20 generators totalling an
installed capacity of 275 MVA in Vietnam and Laos.
It is also worth noting that last year Ingeteam completed and delivered its first order for
the solar sector in Vietnam, which consisted of the supply of 126 solar inverters in 42
power stations of 5 MW each, as well as the engineering and supply of a 220 kV

Press release.

substation, PPC power plant control system and SCADA monitoring system for a 240
MW photovoltaic plant.

Furthermore, this country also has 9 high voltage electrical substations operating with
Ingeteam’s protection, control and automation system, with more than 300 Smart
Electronic Devices supplied since 2013.
The Asian market is also strategic for Indar’s submersible pump and motor products,
where significant growth is expected in the sector.

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