ABB WINS USD 440 POWER LINE ORDER IN CHINA
AsiaInfo Services, December, 2007
AsiaInfo Services 12-20-2007 ABB Wins USD 440 Power Line Order in China BEIJING, Dec 20, 2007 (SinoCast via COMTEX) -- Switzerland-based engineering group ABB Ltd. (NYSE: ABB) said on December 18, 2007 that it won an order worth USD 440 million from State Grid Corporation of China on constructing a 2,000-kilometer-long power line in China. The n line will be used in the Xiangjiaba-Shanghai 800KV high-voltage DC transmission project, which transports electricity from Xiangjiaba Hydropower Station on the Jinsha River in Southwestern China to Shanghai.
It is estimated to complete construction in 2011. Calculated by the current electricity consumption per capita in the eastern highly-industrialized costal area, the power link would meet the needs of about 31 million...
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