ABB selected to provide link worth $900 million for power superhighway in India
at Wednesday, April 6, 2011
Zurich, Switzerland, March 23, 2011 – ABB, the leading power and automation technology group, has been selected by Power Grid Corporation of India Ltd. (PGCIL) to deliver an ultrahigh-voltage transmission system, worth about $900 million. The link will supply hydropower from northeastern India to the city of Agra over a distance of 1,728 kilometers.
ABB has been chosen to execute the North-East Agra transmission project together with BHEL (Bharat Heavy Electricals Limited), a leading Indian government-owned power company that will deliver the remainder of the project worth more than $1.1 billion in total. The order will be booked on completion of financing requirements.
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