ABB India to enable intelligent automation for Think Gas' Network; stock under pressure

30 Jun 2022 , 02:02 PM

THINK Gas, one of India’s fastest-growing city gas distribution companies, has partnered with ABB India Limited to deliver a digital solution to maximize the efficiency, availability, and reliability of its extensive city gas network, which includes multiple remote terminals spread across multiple locations.

ABB has designed a solution that will integrate, monitor, and control day-to-day operations across the enterprise, automating workflows to help operators maximize uptime and improve safety, using its SCADAvantage system deployed in the cloud.

At the heart of the THINK Gas digital architecture, the ABB Ability Genix Industrial Analytics and AI suite, aims to bring together multiple sources of real-time data from THINK Gas’s operations across its network.

ABB’s industrial AI has a significant amount of information and a holistic view of assets and processes by collating and contextualizing operational, engineering, and transactional data from IT systems, from which it provides better, actionable insights for how to drive performance and efficiency.

The system will be managed through a central control room called Nucleus, where operators will be able to retrieve data and communicate critical information such as operational equipment parameters and consumption trends.

THINK Gas Pvt. Ltd., founded in 2018, is an environmentally conscious company that aims to benefit India by supplying clean fuel to consumers.

At around 2.05 PM, ABB India was trading at Rs2,298.85 per piece, down by Rs14.3 or 0.62% from its previous closing of Rs2,313.15 on the BSE. The scrip touched intraday high and low of Rs2,329.70 and Rs2,278 respectively.