Joint press release | Press | |
by Siemens and Sumitomo Electric | Erlangen, March 27, 2017 |
Siemens and Sumitomo Electric win order for HVDC link and agree on cooperation
A consortium between Siemens and Sumitomo Electric Industries Ltd. has been awarded an HVDC order from Indian transmission operator Power Grid Corporation of India (POWERGRID) to supply a high-voltage direct current (HVDC) transmission system. The about 200 km long HVDC connection will be India’s first DC link featuring voltage-sourced converter (VSC) technology. VSC is the latest innovation in HVDC technology offering a very stable and highly flexible reactive power control independent of active power control and additional features to support the AC systems like blackstart capability. Furthermore, this solution is ideal to be combined with XLPE cable technology. Siemens will be supplying two converter stations with two parallel converters, each rated 1000 Megawatts (MW), featuring its VSC HVDC technology while Sumitomo Electric will be responsible for the XLPE HVDC cable system in the DC circuit. The combined order volume for Siemens and Sumitomo Electric is approximately $520 million. The grid connection is scheduled to go into operation in the first half of 2020. | |||||||||||||
“We are proud to announce that this project will be the first HVDC link in India featuring VSC technology”, states Ralf Christian, CEO at Siemens Energy Management. “Latest innovations will help achieving ambitious grid programs, like the “24 x 7 Power for all” initiative of India’s Ministry of Power, to meet the growing power demand.” | |||||||||||||
This press release is available at www.siemens.com/press/PR2017030242EMEN Further information on Siemens Energy Management can be found here: | |||||||||||||
Contact for journalists: | |||||||||||||
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com. Sumitomo Electric Industries, Ltd. was established in 1897. Since then, based on electric wire and cable manufacturing technologies, we have conducted our original research and development and strenuously strived for the establishment of new businesses. These efforts have allowed us to create new products and new technologies, as well as diversify our business fields. Currently, we operate our businesses on a global basis in the following five segments: Automotive; Infocommunications; Electronics; Environment & Energy; and Industrial Materials. We have been contributing to society through environmental friendly and fair business activities globally. Further information is available here http://global-sei.com/. | |||||||||||||
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Reference number: PR2017030242EMEN | |||||||||||||
Siemens Aktiengesellschaft: Chairman of the Supervisory Board: Gerhard Cromme; Managing Board: Joe Kaeser, Chairman, President and Chief Executive Officer; Roland Busch, Lisa Davis, Klaus Helmrich, Janina Kugel, Siegfried Russwurm, Ralf P. Thomas; Registered offices: Berlin and Munich, Germany; Commercial registries: Berlin Charlottenburg, HRB 12300, Munich, HRB 6684; WEEE-Reg.-No. DE 23691322 | |||||||||||||
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