Equity

ABB wins Rs 141 Crore order

ABBABB, the leading power and automation technology group, has won orders worth Rs 141 Cr from Power Grid Corporation of India Ltd to supply 765 kilovolt (kV) ultra-high voltage power transformers for substations in the northern states of Uttarakhand and Uttar Pradesh.

Three of these ultra-high voltage transformers will be installed at the Meerut substation in the north west of Uttar Pradesh, India’s most populous state, while 14 transformers will be installed in new substations being constructed in Uttarakhand. The new substations will receive power from the Tehri Hydropower Complex in the northwest for distribution across Uttarakhand and Uttar Pradesh. The enhanced transmission capacity will help address growing demand in the region.

“These transformers will help enhance reliability and efficiency of the grid infrastructure, and in turn contribute to India’s vision of bringing quality power to all,” said Pitamber Shivnani, President Power Products, ABB India. “Robust, stable and scalable solutions are key in ensuring a progressive relationship with our customers as we continue to boost our footprint in India.”

ABB will design, manufacture, test, transport, erect and commission the 765 kiloVolt single-phase auto transformers at the substation sites. The 14 transformers for the greenfield substations in Uttarakhand are rated at 266.7 megavolt ampere (MVA), while the three transformers for the Meerut substation in Uttar Pradesh are 500 megavolt ampere.

ABB offers a complete range of power and distribution transformers designed for reliability, durability and efficiency. ABB is a major transformer manufacturer throughout the world and offers both liquid-filled and dry-type transformers as well as services for complete life cycle support, including replacement parts and components.

ABB is a leader in power and automation technologies that enable utility, industry, and transport and infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 140,000 people.

ABB India stock trade at Rs 1111.25 move up 10.35 points (+0.94%).

Source : nseindia.com

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