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Siemens and Sumitomo Electric Industries consortium wins order from PGCIL

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Capital Market
Last Updated : Mar 30 2017 | 12:03 AM IST

Siemens share in total order is approx. Rs 1682 crore

A consortium of Siemens and Sumitomo Electric Industries has been awarded an order from Power Grid Corporation of India, the central transmission utility of India, to supply a high-voltage direct current (HVDC) transmission system. The total size of the order won by the consortium is US $520 million, of which the share of Siemens is approximately Rs 1,682 crore.

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First Published: Mar 29 2017 | 1:59 PM IST

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