ABB bags Rs. 350 crore order from SAIL

ABB India Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 500002 | NSE: ABB

23 Sep 2011 Evaluate

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.

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