Shares ABB rose over 1%, touching the weekly high of Rs720, after the company said it won an order worth around Rs 175 crore from NTPC to build two substations in Maharashtra.The substations will facilitate transmission of electricity from new power generation plants being constructed in the region.
The substations will include seventeen 400 kilovolt (kV) bays and fourteen 132 kV bays in Solapur and twelve 400kV bays and eight 132kV bays in Mauda. Scope of the contract comprises design, engineering, supply, installation, commissioning and associated civil works for the substations. The project is scheduled for completion in 2016.
Substations are key installations in the power grid that transform voltage levels and facilitate safe and efficient transmission and distribution of electricity.
The substations will be equipped with latest automation system to facilitate open communication between numerous control and protection devices within the substation and beyond, company local division manager and head of power systems division in India N Venu said.
ABB earlier bagged contracts from NTPC for construction of substations at Mauda -I, Gandhar and Nabinagar.
At 10.23 am, ABB was trading at Rs720.10, up by 1.40%, with a volume of 1,078 shares on the BSE.
....more info
The substations will include seventeen 400 kilovolt (kV) bays and fourteen 132 kV bays in Solapur and twelve 400kV bays and eight 132kV bays in Mauda. Scope of the contract comprises design, engineering, supply, installation, commissioning and associated civil works for the substations. The project is scheduled for completion in 2016.
Substations are key installations in the power grid that transform voltage levels and facilitate safe and efficient transmission and distribution of electricity.
The substations will be equipped with latest automation system to facilitate open communication between numerous control and protection devices within the substation and beyond, company local division manager and head of power systems division in India N Venu said.
ABB earlier bagged contracts from NTPC for construction of substations at Mauda -I, Gandhar and Nabinagar.
At 10.23 am, ABB was trading at Rs720.10, up by 1.40%, with a volume of 1,078 shares on the BSE.
....more info