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Multinational power and automation technology companyABB has secured a $71 million (approximately Rs 350 crore) order from SteelAuthority of India Ltd (SAIL) for supply of a high-voltage sub-station packageto the steel major's Bhilai plant, in Chhattisgarh. The new high voltagesub-stations will enable the additional power supply needed to support aplanned increase in the steel plant's annual production capacity from 5 millionto 7 million tonnes. ABB would supply variousproducts, including switchgear, transformers, cables, fire protection anddetection systems. The company would also install substation automation systemsfor the project, which is expected to be completed by 2013. Apart fromenhancing power supplies to support increased production, the sub-stationswould improve the availability and reliability of electricity supplied to theplant.

ABB India Share Price

7194.35 164.40 (2.34%)
20-Apr-2026 14:25 View Price Chart
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Company Name CMP
Havells India 1305.90
Siemens 3747.60
Apar Inds 11990.00
ABB India 7194.35
Waaree Energies 3509.25
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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