 "HVDC transmission lines; Image courtesy: ABB")
Power automation firm ABB India saw its stock rise 12.98 per cent to close at Rs 1,175 after investors bought the stock following its Rs 4,350-crore win to build the world's largest power transmission link for Power Grid Corporation of India Ltd.
ABB won a major chunk of the Rs 5,700-crore contract from Power Grid, to lay 1,800 km of high voltage power lines from Raigarh, the capital of Chattisgarh to Pugalur in Karur district of Tamil Nadu. State-run Bharat Heavy Electricals Ltd bagged the remaining value of the deal, a statement said.
With a capacity of 6,000 megawatts, the two-way link
