Siemens today said it's modernising electricity distribution network in three states - Punjab, Uttarakhand and Haryana - with Smart Grid solutions at a total cost of Rs 75 crore.
"Siemens is modernising power distribution grids of Amritsar, Jalandhar, Ludhiana, Dehradun, and Faridabad in northern India... The volume of the orders amounts to a total of approximately Rs 75 crore," Siemens said in a BSE filing.
According to the statement, the objective of these projects is to improve quality and availability of power supply to residents and reduce the downtime in the event of a blackout in the entire grid.
More From This Section
The company will execute the project for three utility providers -- Punjab State Power Corporation, Uttarakhand Power Corporation, and Dakshin Haryana Bijli Vitran Nigam.
"With the new orders from northern India, as the leading supplier of grid automation, we are consolidating and expanding our position worldwide," CEO of the Siemens Energy Management Division Jan Mrosik said in the statement.
For Maharashtra State Electricity Distribution Company, Siemens is equipping power distribution grids of eight cities with turnkey monitoring and control systems (SCADA/DMS).
This contract was also awarded as part of the Indian government's energy development programme. In Maharashtra, the SCADA/DMS systems implemented by Siemens improve availability of the grids and increase reliability of power supply.