ABB Wins Order To Supply Transformers For Indian Railways
Zacks Investment Research | Nov 15, 2016 08:34PM ET
Swiss technology giant ABB Ltd. (NYSE:ABB) recently announced that it has won an order from Alstom (PA:ALSO) to supply 1600 traction transformers for 800 new electric freight locomotives in India.
Indian Railways – the worlds’ second-largest rail network – manages more than 12,500 trains and 23 million passengers daily. The new locomotives have been added to expand its capacity on busy routes for both freight and passenger services. The transformers will be manufactured in ABB’s Vadodara facility in Gujarat to support the Indian government’s “Make in India” initiative.
Per the contract, ABB will provide 25 kilovolt (kV)/50 hertz (Hz) underframe traction transformers for the 800 locomotives. The company’s transformers have been engineered to deliver flawless performance even in challenging conditions, including extreme temperatures and voltage fluctuations. ABB’s traction transformers have earned a solid reputation among clients, supplying feed power at safe voltages for essential train functions like traction, brakes, lighting, heating and ventilation.
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