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Sunday, 4 October 2009

Siemens wins two orders from Power Grid for 765kV Substation

Mumbai - September 30, 2009:

The scope of work includes design, engineering, manufacturing, supply, installation, civil works, testing and commissioning of the complete substations on turnkey basis. PGCIL is installing these substations under the Transmission System associated with Damodar Valley Corporation (DVC) and Maithon Right Bank Projects. DVC and Maithon Right Bank is the hub for power generation in Eastern India with approximate capacity of 25,000MW.

Siemens will supply the high-end technology products such as circuit breakers, current transformers, capacitor voltage transformers, disconnectors, surge arrestors and substation automation (Control and relay panels as well as SCADA system). Both the substations are green field projects of PGCIL which will transmit power from DVC Right Bank and will enhance power reliability of NCR and WR of India thus helping PGCIL to support Government of India’s ambitious goal of ‘Power for All’ by 2012. These projects by PGCIL are a step ahead in their endeavour to transmit bulk power over long distances with substantially reduced transmission losses.

Speaking about the orders, Mr. A.K Dixit, CEO, Energy Sector, Siemens Ltd said, “We are delighted to receive this order from PGCIL. Their confidence in our capability to deliver high quality systems and solutions has resulted in this partnership. We are partnering with our customer to provide energy efficient solutions that involves supply of high-end technology products covering our high-voltage portfolio. The substations will be fully automated and are compact in design which will enable our customers to handle the plant more efficiently.”

Siemens having bagged three major packages of 765kV (Fatehpur, Gaya & Ranchi) in financial year 2009 will be the key player in contributing towards enabling PGCIL in boosting the Power transmission infrastructure of India.

The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2008 (ended September 30), the Energy Sector had revenues of approximately Rs 42.3 billion and profits stood at Rs 3 billion.Siemens Ltd is the flagship listed company in India. Siemens in India, which comprises 20 legal entities, is a leading provider of industry and infrastructure solutions with a business volume aggregating about Rs 11,800 crore, as on September 2008. It operates in the core business areas of Industry, Energy and Healthcare. It has nation-wide Sales and Service network, 19 manufacturing plants, a network of around 500 channel partners and employs about 17,200 people.

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