These were the replacement of the Malibay Power Transformer Bank (PTB) 1, the uprating of the 115-kV power circuit breakers at Balintawak and the replacement of the Urdeneta PTB 3, which was filed as an emergency capex
with the ERC.
Signs have emerged in 2012 of a slowly improving economy, and further improvement should help reach the revenue goal and capex
growth targets of 3 and 6% respectively.
is now projected at SEK1bn, down from the previous SEK1.
in 2010 was significantly lower than Tesco's [pounds sterling]1.
For some operators, the addition of small cells and femtocells in particular, can be a method to avoid large CapEx
while increasing macro network performance.
Much of the growth will come from an expected capex
increase of $6 billion in Iranian projects to around $12 billion.
However, we expect the Middle East to experience a sizeable growth in pipelines investment, accounting for 11 per cent of the forecast global Capex
, says the report.
Overall, only the energy, utilities and regulation sector will see 2010 capex
recovering above 2008 pre-crisis levels.
As markets mature in the region, operators can no longer solely rely on revenue growth to increase profit and therefore attention turns to optimization of costs and CapEx
to maintain a healthy bottom line," said Mr.
Brokering deals from pounds 1,000 to pounds 2 million, Capex
says it has assisted thousands of companies gain finance on items as small as phone systems to a new vehicle fleet.
Estimates for global E&P spending (Capex
) in 2003 have been revised downwards, with most majors anticipating lower oil prices through the year, compared with buoyant Capex
88 percent of gross revenues on CapEx