ABB India, subsidiary of Swiss company ABB, has expressed dissatisfaction over state-run transmission firm PowerGrid’s move to call for fresh offers from shortlisted bidders BHEL-ABB and Siemens India for its Rs 7,000-crore HVDC (high-voltage direct current) sub-stations project.
The PowerGrid board had recently approved a proposal to seek fresh bids from the two bidders, a consortium of BHEL and ABB India, and the Indian unit of Germany’s Siemens AG. “We are very surprised to hear about the potential re-bid of the Northeast-Agra, HVDC power transmission project. We have not received any official information in this regard. On May 14, the ABB-led consortium was publicly declared lowest bidder on this project,” said a company spokesperson.
All subsequent technical questions have been satisfactorily answered and by all applicable legal and public procurement requirements, a re-bid of this project would be neither justified nor legitimate, he added.
While the entire transmission project consisting of HVDC sub-stations and an 800-Kv transmission line from Biswanath Chariali in Assam to Agra in north India is worth about Rs 12,000 crore, the sub-station portion is estimated at Rs 7,000 crore.
“We will call for fresh bids from existing bidders BHEL-ABB and Siemens for sub-stations in our transmission line due to some technical reason,” PowerGrid’s chairman and managing director, S K Chaturvedi, had said. The reason could not be clearly ascertained.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
