Siemens has won a crucial turnkey order worth approximately Rs 123 crore from Power Grid Company of Bangladesh (PGCB), the country’s leading transmission utility. The scope of work for the project involves Design, Procurement, Supply, Installation, Testing and Commissioning of 230/132kV GIS Substation at Shyampur and 132/33kV GIS Substation at Dhamrai - both sites located in Dhaka.
Siemens is the flagship listed company of Siemens AG in India and is a major player in the electronics and electrical engineering business. Germany’s Siemens AG holds a 75 per cent stake in the company.