Siemens bags Rs 570 cr order from Power Grid Corporation

As per the contract, Siemens will be responsible for supply and installation of four 400 kV Synchronous Compensator (STATCOM) solutions

Siemens India facility
Siemens India facility
BS B2B Bureau Mumbai
Last Updated : Jun 27 2016 | 4:47 PM IST
Siemens Ltd has won an order worth approximately Rs 570 crore to supply static synchronous compensator (STATCOM) solutions to Power Grid Corporation of India Ltd (PGCIL). The scope of the order includes design, engineering, supply, civil, installation, testing and commissioning of STATCOMs at four substation locations of PGCIL: Ranchi, Rourkela, Kishenganj and Jeypore across the states of Bihar, Jharkhand and Odisha.
 
Siemens’ technology will result in the installation of one of the world’s largest STATCOM projects at 400 kV level with a dynamic swing range of 2000 MVAr and 1250 MVAr mechanically switched components. The 400 kV STATCOMs are being manufactured at Siemens’ manufacturing plant at Goa. With fast response time of STATCOM controls, power consumers will be benefitted in the form of constant grid voltage and frequency leading to availability of uninterrupted quality power.
 
“This is the first STATCOM order for Siemens Ltd and is the latest chapter in the long and successful journey of flexible AC transmission systems (FACTS) in India. Siemens Ltd, together with PGCIL, has always been trendsetters in India for FACTS. It started in 2003 when Siemens delivered several fixed series capacitors (FSC). The first thyristor controlled series capacitor (TCSC) in India followed in 2004. And the largest Indian static var compensator (SVC) project started in 2014 with Siemens. Together with this new large-scale STATCOM project, Siemens is proving its technological leadership, execution capabilities and clear commitment to the Indian market,” said Siemens in a press release.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jun 27 2016 | 4:44 PM IST

Next Story