ABB India has bagged an order worth around Rs 178 crore, from Power Grid Company of Bangladesh (PGCB), the country’s leading transmission utility, to support the country’s power infrastructure expansion and meet its growing electricity needs. As part of the project, ABB India will build two new substations and upgrade two existing substations, all located in the south-eastern parts of Bangladesh. The order was booked in the first quarter of 2017. The design, engineering, system integration and supply of key products will be executed in India, another example of making in India for the world.
The substations will add around 535 megawatts (MW) of transmission capacity -- enough to power more than 250,000 households -- and contribute to the government’s target of providing access to electricity for its population of around 165 million, by 2021. The government of Bangladesh is working towards its ‘Vision 2041’, which outlines plans to have a strong and developed economy by 2041. To achieve this, the country is focusing on a steady GDP growth of over 7 percent. This economic growth ambition is also boosting the demand for electricity.
ABB India is a leading global technology company in power and automation that enables utility, industry and transport & infrastructure customers to improve their performance while lowering environmental impact.
| Company Name | CMP |
|---|---|
| Havells India | 1676.80 |
| Siemens | 6703.75 |
| Apar Inds | 10158.15 |
| ABB India | 6945.10 |
| CG Power & Indl.Soln | 743.20 |
| View more.. | |
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