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ABB lands Chinese electricity contract

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07:48 CEST+02:00
Swedish-Swiss engineering group ABB has announced that it has won a $120 million order for an ultra high voltage electricity line in China.

The contract, with China's State Grid Corporation (SGCC), is part of plans for a 2,090 kilometre (1,300 mile) power link to transport clean hydropower from Sichuan province in central-western China to the highly industrialized coastal area in the eastern province of Jiangsu.

The link is expected to be running in 2013, the firm announced on Wednesday.

The project "reflects the continued confidence of SGCC in ABB's technologies and globally proven domain expertise," in such high-voltage systems, said Peter Leupp, head of ABB's power systems division.

"We have a long track record in China and are pleased to continue supporting the country in its efforts to strengthen the national power infrastructure and minimize environmental impact," he added.

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