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Siemens bags Rs 570 cr order from Power Grid Corporation

As per the contract, Siemens will be responsible for supply and installation of four 400 kV Synchronous Compensator (STATCOM) solutions

Siemens India facility

SiemensLtdhaswonanorderworthapproximatelyRs570croretosupplystaticsynchronouscompensator(STATCOM)solutionstoPowerGridCorporationofIndiaLtd(PGCIL).Thescopeoftheorderincludesdesign,engineering,supply,civil,installation,testingandcommissioningofSTATCOMsatfoursubstationlocationsofPGCIL:Ranchi,Rourkela,KishenganjandJeyporeacrossthestatesofBihar,JharkhandandOdisha.   Siemens’technologywillresultintheinstallationofoneoftheworld’slargestSTATCOMprojectsat400kVlevelwithadynamicswingrangeof2000MVAr ...