ABB India to install solar inverters at 750 railway stations

India Infoline News Service | Mumbai | August 31, 2017 17:29 IST

ABB India announced that it will provide solar inverters at 750 railway stations in North India to reduce dependence on traditional sources of energy.

ABB India announced that it will provide solar inverters at 750 railway stations in North India to reduce dependence on traditional sources of energy. The 750 stations are located in the busy northern Indian part of the network, one of the most used railway corridors in the world.
 
ABB reached a milestone of 5 GW of solar inverters installed, supplying some 40% of India’s solar power at approximately 13 GW, recently.
 
Solar inverters for this project vary between 5kW to 50kW in performance depending on the size of the station part of the ABB AbilityTM of connected solutions, the customer can ensure uptime through remote management services. They will be part of the solar installations being set up by Azure Power.
 
ABB set up its solar inverter manufacturing facility in India in 2012 and contributes to approximately 40% of the country’s solar installations. ABB solar inverters have been widely used in the transportation sector, deployed, for instance, in the world’s first fully solar powered airport in Kochi. 
 
Meanwhile, the stock ended lower by 0.26% at Rs 1,343 per share on BSE. The stock witnessed a spurt in volume by more than 2.97 times on Thursday. It attracted total traded volume of 69,081 shares and traded value of Rs 926.51 lakh on NSE.

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.