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Hitachi ABB Power Grids wins Rs 100 crore order from HPCL Rajasthan Refinery

08 Oct 2020 Evaluate

Hitachi ABB Power Grids India (listed on Indian stock exchanges as ABB Power Products and Systems India) has won a project worth more than Rs 100 crore from HPCL Rajasthan Refinery (HRRL), a joint venture between state-run Hindustan Petroleum Corporation and the Government of Rajasthan. The infrastructure development will help to power its new refinery and petrochemical project in the Barmer district of Rajasthan.

With a total processing capacity of nine million metric tons per annum, this project is aimed at producing clean fuels and feedstock for textile, packaging and petroleum industries. It is expected to create about 1,000 direct jobs upon completion and up to 40,000 indirect jobs during construction, while contributing to Rajasthan’s economic development. This project is part of Hitachi ABB Power Grids broader strategy to penetrate the industrial segment and highlights its long-standing leadership in grid connections and power quality.

ABB Power Products and Systems India (APPSIL) is the Indian arm of ABB Power Grids - a global leader in power technologies, providing the most comprehensive grid portfolio across the entire value chain.

 

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Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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