Siemens wins Rs 978-crore order for India-Bangladesh power link – Feedback

Siemens has bagged an order worth 130 million euro (over Rs 978 crore) to set up a high voltage direct current (HVDC) link to connect power supply networks of India and Bangladesh.

“Siemens has received an order for an HVDC (high-voltage direct-current) back-to-back link to connect the power supply networks of India and Bangladesh,” Siemens said in a press release in New Delhi. The order value is about Euro 130 million and the power link is scheduled to come on line in the second half of 2018, it said. On a turnkey basis, Siemens will be responsible for engineering, installing and commissioning of the complete HVDC system. The customer is Power Grid Company of Bangladesh (PGCB). Siemens has already installed block 1 of the Bheramara HVDC back-to-back station in 2013 and will now deliver a second block with a transmission capacity of another 500 MW.

http://www.businesstoday.in/sectors/infra/siemens-wins-rs-978-cr-order-for-india-bangladesh-power-link/story/233889.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *