Siemens has bagged a contract worth Rs 411 crore from Power Grid Corporation (PGCIL) for setting up three Static Var Compensators (SVCs), each in Punjab, Rajasthan and Jammu & Kashmir.
The project will be executed on turnkey basis and the scope of the work includes design, engineering, commissioning and installation of SVCs for three of PGCILs substations in Punjab, Rajasthan and Jammu & Kashmir.
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