Share Name | Share Symbol | Market | Type |
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ABB Ltd | NYSE:ABB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 37.13 | 0 | 00:00:00 |
ZURICH--ABB Ltd (ABBN.VX) Monday said it won an order worth around $50 million from Hidroeléctrica de Cahora Bassa, S.A. to refurbish the Songo high-voltage direct current converter station in Mozambique.
MAIN FACTS:
- The converter station and associated high-power equipment are key components in the link transmitting clean hydropower from the Cahora Bassa hydro plant in Mozambique over 1,417 kilometres to the grid in South Africa, where coal-based thermal power is the main source of electricity.
- ABB will also supply and install arresters and measuring equipment as part of the turnkey project, and the commissioning will be completed in two parts, the DC equipment in 2013 and the transformers a year later.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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