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FINANCIAL NEWS
Qatar’s Kahramaa awards $140m contract to ABB
16 Dec 2010
(MENAFN) The Qatar General Electricity and Water Corporation (Kahramaa) said that it has awarded ABB, the leading power and automation technology group, a contract valued at approximately $140 million, Trade Arabia reported.
Under the contract, ABB will build four new transmission substations and upgrade four existing substations to help meet the growing residential and commercial demand for electricity in the region.
According to Peter Leupp, head of ABB�s Power Systems division, ABB will design, supply, install and commission four new 66/11 kV (kilovolt) GIS (gas-insulated switchgear) substations as part of a turnkey contract that also includes key products like shunt reactors, transformers, medium-voltage switchgear and cables.
Moreover, ABB will upgrade four existing transmission substations to help strengthen the power network and enhance grid reliability. The project is expected to be completed by the end of 2012.
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