Power and automation technology major ABB has bagged orders worth Rs.220 crore from Tata Projects to provide power solutions for a super-critical coal-fired power plant in Andhra Pradesh, the company said Wednesday.
The 2x800 MW Krishnapatnam thermal power plant will deploy super-critical technology to ensure more efficient power generation and lower carbon dioxide emissions, ABB said in a regulatory statement.
Under the contract, ABB will provide an integrated electrical equipment such as transformers, switchgear and protection equipment, as well as a 400-kilovolt turnkey substation to facilitate power transmission from the plant.
Can you please tell us what are the net margins of this particular order and when are the payments expected and when they will reflect in balance sheets. Regards, Training8m, Australia
| NIFTY 
