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 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 and 1250 MVAr mechanically switched components. The 400 kV STATCOMs are being manufactured at Siemens’ manufacturing plant at Goa. With fast response time of STATCOM controls, power consumers will be benefitted in the form of constant grid voltage and frequency leading to availability of uninterrupted quality power.

“This is the first STATCOM order for Siemens Ltd and is the latest chapter in the long and successful journey of flexible AC transmission systems (FACTS) in India. Siemens Ltd, together with PGCIL, has always been trendsetters in India for FACTS. It started in 2003 when Siemens delivered several fixed series capacitors (FSC). The first thyristor controlled series capacitor (TCSC) in India followed in 2004. And the largest Indian static var compensator (SVC) project started in 2014 with Siemens. Together with this new large-scale STATCOM project, Siemens is proving its technological leadership, execution capabilities and clear commitment to the Indian market,” said Siemens in a press release.

image
Business Standard
177 22
Business Standard

A COMMERCIAL FEATURE

What's this ?

Commercial Feature is a Business Standard Digital Marketing Initiative.

The Editorial/Content team at Business Standard has not contributed to writing or editing these articles.

For further information, please write to assist@bsmail.in

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

BS B2B Bureau  |  Mumbai 

SiemensLtdhaswonanorderworthapproximatelyRs570croretosupplystaticsynchronouscompensator(STATCOM)solutionstoPowerGridCorporationofIndiaLtd(PGCIL).Thescopeoftheorderincludesdesign,engineering,supply,civil,installation,testingandcommissioningofSTATCOMsatfoursubstationlocationsofPGCIL:Ranchi,Rourkela,KishenganjandJeyporeacrossthestatesofBihar,JharkhandandOdisha. Siemens’technologywillresultintheinstallationofoneoftheworld’slargestSTATCOMprojectsat400kVlevelwithadynamicswingrangeof2000MVArand1250 ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
149.00  
subscribe
Complete access to the premium product
Convenient – Pay as you go
Payment through Credit Card only
Auto renewed (subject to your card issuer’s permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART MONTHLY

BS Digital + FREE Monthly access to The Wall Street Journal online

Business Standard Digital - 1 Month + FREE 1 Month access to
The Wall Street Journal online*
199.00
subscribe
FREE across device access to
The Wall Street Journal online*
Convenient – Pay as you go
Pay using Credit Cards and select Debit Cards (Issued by ICICI Bank only)
Auto renewed (subject to your card issuer’s permission)
Cancel any time in the future
Exclusive invite to select Business Standard events.

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ’s reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ’s take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • This product is a monthly auto renewal product.
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

BS Digital + Free 12 Month Access to The Wall Street Journal online

Business Standard Digital - 12 Months + FREE 12 Months access to
The Wall Street Journal online*
1999.00
subscribe
Get 12 months of The Wall Street Journal online worth Rs 17165 FREE *
Single Seamless Sign-up to Business Standard Digital and The Wall Street Journal online
Convenient - Once a year payment
Pay using Credit or Debit Card
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ's reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ's take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • Saving calculated at the current WSJ price - US $ 1 for the first 3 months and US $ 28.99 thereafter Conversion scale 1 US$ = 65.04 INR
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

Business Standard Digital

Business Standard Digital - 12 Months + FREE 12 Months access to
The Wall Street Journal online*
1999.00
subscribe
Pay as you go
Payment though credit card only
Auto renewed (Subject to your card issuer's permission)
Exclusive invite to select Business Standard events
Cancel any time in the future

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to  assist@bsmail.in Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

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

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

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 and 1250 MVAr mechanically switched components. The 400 kV STATCOMs are being manufactured at Siemens’ manufacturing plant at Goa. With fast response time of STATCOM controls, power consumers will be benefitted in the form of constant grid voltage and frequency leading to availability of uninterrupted quality power.

“This is the first STATCOM order for Siemens Ltd and is the latest chapter in the long and successful journey of flexible AC transmission systems (FACTS) in India. Siemens Ltd, together with PGCIL, has always been trendsetters in India for FACTS. It started in 2003 when Siemens delivered several fixed series capacitors (FSC). The first thyristor controlled series capacitor (TCSC) in India followed in 2004. And the largest Indian static var compensator (SVC) project started in 2014 with Siemens. Together with this new large-scale STATCOM project, Siemens is proving its technological leadership, execution capabilities and clear commitment to the Indian market,” said Siemens in a press release.

image
Business Standard
177 22