Press Release / Industry / Siemens Ltd. wins order worth Rs. 570 crore for one of the world’s

Siemens Ltd. wins order worth Rs. 570 crore for one of the world’s

Siemens Ltd. wins order worth Rs. 570 crore for one of the world’s largest STATCOM projects from Power Grid Corporation of India Ltd.

• Scope of the order includes supply and installation of four 400 kV Synchronous Compensator (STATCOM) solutions

• Power consumers across three states will be benefitted in the form of constant grid voltage and frequency leading to availability of uninterrupted quality power.

Siemens Ltd. announced that it has won an order worth approximately Rs. 570 crore to supplyStatic 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.

Cutting-edge technology from Siemens will result in the installation of one of the world’s largest STATCOM projects at 400 kV level with a dynamic swing range of 2000MVAr and 1250MVAr mechanically switched components. The 400 kV STATCOMs are being manufactured at Siemens Ltd.’s 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.

“Siemens has once again demonstrated its indigenous manufacturing and technology capabilities to meet the growing demands of Indian power sector,” said Dr. Harald Griem, Executive Vice President and Head, Energy Management Division, Siemens Ltd.

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.

For further information, contact:
PR24x7 Network Limited
Atul Malikram
9755020247
amg24x7@gmail.com