Financial Daily from THE HINDU group of publications
Wednesday, Mar 03, 2004
Financial Daily from THE HINDU group of publications Wednesday, Mar 03, 2004 |
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Corporate
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Announcements ABB India bags Rs 60-cr order from Tata Steel Our Bureau
New Delhi , March 2 ABB India has bagged turnkey orders worth around Rs 60 crore to provide automation and electrical solutions for projects related to Tata Steel's one million-tonne expansion programme. The orders, obtained through reputed international OEMs, includes complete automation and electricals for a new six-lakh-tonne per annum `Rebar' mill at Jamshedpur. The scope of the project, according to an ABB India statement here, includes engineering, supply, erection and commissioning of AC multi-drives, motors, transformers, switchgear, automation and communication systems and field devices and is expected to be completed by early 2005. ABB is also providing a turnkey solution through the process knowhow supplier, for the sinter plant, which includes complete DCS (Distributed control systems). The project, the statement says, assumes significance as it is the first industrial IT application for a primary metal process in the country. ABB's industrial IT solutions are aimed at seamless, real-time integration of automation and information systems with production processes. ABB has a long association with Tata Steel. The other projects where ABB is supporting Tata Steel's modernisation and expansion plans include crane electrics, the recently installed pickling and tandem cold mill, continuous galvanising, recoiling as well as the electrolytic cleaning lines.
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