 
ABB wins US$ 280-million order for power link between
Argentina and Brazil
500-kilometer cross-border transmission link will
increase efficiency of regional grids
Zurich, Switzerland, May 19, 1998 - ABB, the international
electrical engineering company, has received an order
to build a 1,000-megawatt power transmission system
interconnecting the electricity networks of Argentina
and Brazil. The contract, amounting to approximately
US$ 280 million, was awarded by Companhia de Interligacão
Elétricia, (CIEN), Brazil. CIEN is owned by
electrical utilities ENDESA, Spain and ENDESA, Chile.
The link is scheduled to start operation at the beginning
of 2000.
Under the terms of the contract, ABB will build,
operate and maintain a 500-kilometer alternating current
power transmission link to join two substations in
northern Argentina and southern Brazil as well as
a converter station to match the different power frequencies
in the two systems. ABB will also be responsible for
expansion of two
500-kilovolt substations connected by the power link.
The cross-border power transmission system will
permit both countries to utilize electricity resources
more efficiently and cost-effectively. This contract
reflects the increasing demand for regional power
interconnections in the deregulated markets of Latin
America. The Brazil-Argentina link follows an order,
announced by ABB earlier this year to connect the
power grids of northern and southern Brazil.
ABB’s Power Transmission and Distribution Segment
employs approximately 51,000 people worldwide with
orders in 1997 of about US$ 9 billion. The ABB Group
employs approximately 213,000 people with orders in
1997 of about US$ 35 billion. (End)
For more information contact Ms.
Iwona Jarzebska
ABB Corp. Communications, Zurich Tel: +41 1 317 7834
Fax: +41 1 317 7958
Mr.
Carlos Roberto Hohl
ABB Brazil, Osasco Tel: +55 11 7084 9811 Fax: +55
11 7084 9408
Original
Press Release at ABB.com
|
