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ABB India wins order worth Rs 191 crore

Capital Market 

ABB India has won two significant orders to supply traction equipment for Chittaranjan Locomotive Works (CLW) - the manufacturing unit of the Indian Railways, and industrial drives to Megha Engineering & Infrastructures (MEIL) in their oil drilling segment.

Both these components will be produced at ABB's Nelamangala facility in Bengaluru, in line with its unwavering commitment to the 'Make in India' initiative. The facility includes one of the largest factories for locomotive applications and one of the four global shop-floors for medium voltage drives located in Southern India.

ABB will supply industrial drives worth Rs 68 crore to Megha Engineering & Infrastructures (MEIL), an infrastructure company which recently announced its venture into the oil drilling segment. The ABB ACS 880 industrial drives selected for the project offer an energy efficient means of motor control that will help to significantly cut carbon emissions. These drives also offer superior safety features as well as reliability to help maximize output across various applications.

The series consists of single-drives, multi-drives and drive modules in a wide power and voltage range that will cater to the needs of 27 oil rigs of varying capacities across the country.

In addition to industrial drives, ABB India will also supply traction equipment worth Rs 123 crore to Chittaranjan Locomotive Works, the manufacturing unit of the Indian Railways. The state-of-the-art traction converters will help improve rail operator's efficiency, thereby supporting sustainable transportation in India. ABB solutions have been improving energy efficiency of the Indian energy sector from natural gas to renewable energy. In 2019, ABB India won an order from the Indian Railways to supply traction converters worth Rs 270 crore.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 12:29 IST