ABB Wins Orders Worth $56 Million From Power Grid of India
ABB won orders worth around $56 million from Power Grid Corporation of India (POWERGRID), to supply power transformers and shunt reactors for substations being built to support the country's ultrahigh voltage transmission grid development. Fourteen 500 megavolt ampere (MVA), 765 kV ultrahigh voltage single-phase auto-transformers based on ABB's technology will be installed at greenfield substations being constructed in Kanpur and Varanasi. ABB will also supply 26 units of 80 MVA and 10 units of 110 MVA, 765 kV ultrahigh voltage single-phase shunt reactors for four substations being built in southern and eastern India. The orders were booked in the fourth quarter of 2013 and in the first quarter of 2014.