ABB wins power products order worth Rs 310 crore

ABB, a leading power and automation technology group, today said it has won orders worth around Rs 310 crore from Power Grid Corporation of India Ltd to supply power transformers and shunt reactors.
The supply will be for substations being built to support the country's ultra-high voltage transmission grid development, the company said in a statement.
The orders were booked in the fourth quarter of 2013 and in the first quarter of 2014, it added.
ABB said India is investing in its ultra-high voltage network to strengthen its power transmission grid and the company is playing a key role in supporting this development through turnkey substation solutions and a range of power products, including switchgear and transformers.

Fourteen 500 megavolt ampere (MVA), 765 kilovolt (kV) ultra-high voltage single-phase auto-transformers based on ABB's proven technology will be installed at greenfield sub-stations being constructed in Kanpur and Varanasi, it added.
These substations will receive power from neighboring states of Jharkhand and West Bengal and distribute it in Uttar Pradesh to meet growing demand in the region, the release said.
ABB will also supply 26 units of 80 MVA and 10 units of 110 MVA, 765 kV ultrahigh voltage single phase shunt reactors for four substations being built in southern and eastern India.
"These transformers and shunt reactors will help enhance grid reliability and ensure the highest standards of efficiency with reduced life-cycle cost," ABB Power Products division Head Bernhard Jucker said.