Telvent to Implement a Distribution Management Solution for the Guizhou Power Grid...
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Telvent to Implement a Distribution Management Solution for the Guizhou Power
Grid in China
MADRID, Spain, Oct. 8, 2009 (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT
company for a sustainable and secure world, announced today that it has been
awarded a new project by Guizhou Power, in China, to improve the management of
its electric distribution network. Telvent will deploy its own Distribution
Management System (DMS) to help Guizhou Power to supply energy across Guizhou
province, in southern China, to 40 million inhabitants.
Telvent will provide a key component of its global solution for Smart Grids. DMS
is an advanced distribution application system that will help to create a safer
and more stable distribution network. Among other benefits, it includes an
accurate representation of the network facilities to better manage and maintain
them. It is expected that Telvent's technologies will improve the electric grid
performance, reducing power outages and losses.
According to Manuel Sanchez, Telvent's Chairman and Chief Executive Officer,
"This new contract demonstrates our active involvement in the Chinese energy
industry which is deploying Smart Grids solutions that will redound in the
sustainability of the world."
Telvent will develop the project in two counties, North City and Wudang, as a
first pilot phase. The system will be extended across the entire province to the
96 remaining counties, as a second phase. In addition, Telvent will provide
training to Guizhou engineers who will manage the network model data and asset
data.
Telvent has previously executed other similar energy projects in China,
involving also control systems for other seven provinces. The projects, deployed
for State Grid and Southern Grid, had significant operational complexity and
included the implementation of other additional systems. Telvent has also
implemented an asset management solution for Tianjin Power.
About Telvent
Telvent (Nasdaq:TLVT) is a global IT solutions and business information services
provider that improves the efficiency, safety and security of the world's
premier organizations. The company serves markets critical to the sustainability
of the planet, including the energy, transportation, agriculture, and
environmental sectors. (www.telvent.com)
The Telvent GIT S.A. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3116
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CONTACT: Telvent GIT S.A.
Investor Relations Contact
Barbara Zubiria
+34 902 335599
ir@telvent.com
Lucia Domville
+1 646 284 9416
lucia.domville@us.grayling.com
Communication Contact
Patricia Malo de Molina
+34 954 93 71 11
comunicacion@telvent.com
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