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0.000566572237960227 0 -0.00171104815864026 -0.00113314447592066 0.000566572237960227 -0.00169971671388108 -0.0124645892351276 -0.00778470254957504
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Exclusive: Brazil grid operator wants 662 GE transformers removed after explosions - document [Reuters]

General Electric Company (GE) 
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Reuters
Exclusive: Brazil grid operator wants 662 GE transformers removed after explosions - document | Reuters 3 Min Read SAO PAULO (Reuters) - Brazil’s power system operator has requested that 662 transformers made by General Electric Co ( GE.N ) be removed from the country’s grid after a number of explosions involving the devices, according to document seen by Reuters. The document, which was prepared by Brazil’s grid operator ONS and submitted to the Ministry of Mines and Energy in early December, says 53 GE transformers have exploded in the past six years, suggesting that the incidents may be associated with the product or its materials. They are all the same transformer model. There is no evidence that anyone was injured in those explosions. ONS confirmed in a statement that it had made the request to change some GE transformers after finding they “present a failure rate that is superior to what is expected for that equipment.” It did not specify the number of transformers or incident Show less Read more
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