German based engineering firm Siemens has bagged an order worth 130 million euro (over Rs 978 crore) to set up a high voltage direct current (HVDC) link to connect power supply networks of India and Bangladesh.
“Siemens has received an order for an HVDC (high-voltage direct-current) back-to-back link to connect the power supply networks of India and Bangladesh,” Siemens said in a press release. “The order value is about Euro 130 million and the power link is scheduled to come on line in the second half of 2018.”
“We are pleased to announce another order from our valued customer PGCB,” Siemens’ Transmission Solutions Business Unit CEO Mirko Dusel said.
Siemens will be responsible for engineering, installing and commissioning of the complete HVDC system. The customer is Power Grid Company of Bangladesh (PGCB).
Siemens has already installed block 1 of the Bheramara HVDC back-to-back station in 2013 and will now deliver a second block with a transmission capacity of another 500 MW.