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Article: Canada: ABB Gets $30M Power Contract In Canada.
- Article from:
- TendersInfo
- Article date:
- September 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Swiss technology company ABB Ltd. (ABBN.VX) Tuesday said it got a $30 million contract from Hydro One Network Inc., a Canadian power utility, to provide a turnkey static Var compensator, or SVC, solution for a substation serving the Toronto area.
MAIN FACTS:
-ABB will design, supply, install and commission the system, which is scheduled for completion by 2011.
-SVC is part of ABB's group of FACTS, or flexible alternating current transmission systems, technologies, which includes solutions to enhance the capacity, reliability and efficiency of ...