EghtesadOnline: Half of electricity network installations in Tehran, Alborz and Qom provinces are over 20 years old, raising the vulnerability of the grid, the head of Tehran Regional Electricity Company said.
EghtesadOnline: ABB is selling its high-voltage cabling business to NKT Cables in a deal worth 836 million euros ($932 million), the first fruit of the Swiss power and automation company's review of its massive Power Grids division.