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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

Siemens Ltd has won an order worth approximately Rs 570 crore to supply static synchronous compensator (STATCOM) solutions to Power Grid Corporation of India Ltd (PGCIL). The scope of the order includes design, engineering, supply, civil, installation, testing and commissioning of STATCOMs at four substation locations of PGCIL: Ranchi, Rourkela, Kishenganj and Jeypore across the states of Bihar, Jharkhand and Odisha.   Siemens’ technology will result in the installation of one of the world’s largest STATCOM projects at 400 kV level with a dynamic swing range of 2000 MVAr ...