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Hitachi ABB Power Grids wins Rs 124 crore order from BALCO

17 Mar 2021 Evaluate

Hitachi ABB Power Grids in India (listed on the stock exchanges as ABB Power Products and Systems India) has been awarded a project worth over Rs 124 crore by one of India’s top aluminum producers, Bharat Aluminum Company (BALCO), to ensure improved reliability of the power distribution system at its Korba plant in Chhattisgarh.

The technology pioneer is delivering fully engineered 400-kilovolt gas-insulated switchgear (GIS) substations that will replace an existing apparatus to better assimilate power from BALCO’s captive generation plants, delivering it with efficiency to the Korba aluminum smelter.

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.

Peers
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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