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These days it is common to hear big projects being undertaken or being announced by the government or occasionally some private companies. What makes these myriad of projects similar with each other is their need for electric power.    
Addis Transformer and Switchgears Private Limited Company, founded as a joint venture between a local company, Bridgetech Plc and Federal Transformer LLC, a subsidiary of Al-Nasser Industrial Enterprises (ANIE) an Emirates based company with an investment capital of 300 million birr, is set to fill one big gap for the power sector by manufacturing a power distribution transformer. Transformers are used for transferring electricity from one alternating circuit to another with a change in voltage, current, or phase. In addition to manufacturing transformers, the factory plans to produce switchgears a device that open and close electrical circuits.
Yeshiwas Shibabaw, managing director of Bridgetech Plc said a factory lying on 2,500 square meters and that has cost about 100 million birr to construct has been finished at Tatek Industrial Zone of Burayu Town, Oromia Regional State.
The factory which took 18 months to construct, expects to produce 4,000 transformers annually.
He further said the second phase of the project that cost about 200 million birr is expected to produce switchgears, power transformers and compact power substations and is set to be started soon, after the Oromia Investment Bureau leased an additional 8,000 of land near the current site.
Addis Transformer and Switchgears PLC is currently negotiating with Metal and Engineering Corporation (MeTEC) to supply the transformers and is ready to give service to any client that needs power distribution transformers.
The company also says it will alleviate problems in power supply delay due to shortage of transformers which led the Ethiopian Electric Power Corporation (EEPCo), the state-owned power utility, to ask its clients to get their own transformers to get their electric power fixed and avoid delay in their investments.
EEPCo has recently made an agreement with MeTEC, to produce, supply and maintain its transformer devices.
Pankaj Dubey project manager of the new power distribution transformer plant says they can produce between 50 – 1200 Kilovolt Ampere (KVA) transformers as per their clients’ desire, conform with the International Engineering Concept (IEC) for testing of transformers.  
Bridgetech Plc currently provides consultancy services for information technology, telecommunications, electricity, and industrial sectors.
ANIE, which was founded in 1992 in the United Arab Emirates (UAE) and comprises 13 companies, has several business ventures in the power, steel, and roto-molding sectors in the UAE, Qatar, Oman, and Saudi Arabia.