ABB India Wins Orders Worth Rs. 191 Crores, Strengthens Its Presence in Traction & Oil Business

Starting the year 2020 on a strong note, ABB India has announced that it has won two significant orders to supply traction equipment for Chittaranjan Locomotive Works (CLW) - the manufacturing unit of the Indian Railways, and industrial drives to Megha Engineering & Infrastructures Limited (MEIL) in their oil drilling segment. Both these components will be produced at ABB’s Nelamangala facility in Bengaluru, in line with its unwavering commitment to the ‘Make in India’ initiative. The facility includes one of the largest factories for locomotive applications and one of the four global shop-floors for medium voltage drives located in Southern India.

“ABB technology is always striving to drive sustainable and meaningful progress for the future. We feel privileged to continue contributing towards sustainable transportation with our best-in-class solutions for electrification of the Indian rail network,” said Sanjeev Sharma, Managing Director, ABB India. “Our commitment to energy efficiency also reflects in our offerings for the energy sector. ABB’s industrial drives range has been designed to achieve superior energy efficiency and enhance productivity of drilling activities during exploration, thus reinforcing the nation’s energy security journey.” 

ABB will supply industrial drives worth INR 68 crores to Megha Engineering & Infrastructures Limited (MEIL), an infrastructure company which recently announced its venture into the oil drilling segment. The ABB ACS 880 industrial drives selected for the project offer an energy efficient means of motor control that will help to significantly cut carbon emissions. These drives also offer superior safety features as well as reliability to help maximize output across various applications. The series consists of single-drives, multi-drives and drive modules in a wide power and voltage range that will cater to the needs of 27 oil rigs of varying capacities across the country.

In addition to industrial drives, ABB India will also supply traction equipment worth INR 123 crores to Chittaranjan Locomotive Works, the manufacturing unit of the Indian Railways. The state-of-the-art traction converters will help improve rail operator’s efficiency, thereby supporting sustainable transportation in India. ABB solutions have been improving energy efficiency of the Indian energy sector from natural gas to renewable energy. In 2019, ABB India won an order from the Indian Railways to supply traction converters worth INR 270 crores.

Business | News published on 12/02/2020 by News Bureau

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