ABB India has posted its biggest growth in orders in recent years. The investments in power transmission based on cutting edge technology, renewables, increased spend in infrastructure & transportation provided ABB India ample opportunities.
ReNew Power, a renewable energy company, has placed a 50 MW turnkey project order to Gamesa. The order will be likely be commissioned by March 2017. Gamesa will supply 25 units of G114 - 2.0MW T106 turbines which will be set up at Amba, Madhya Pradesh.
Investing in an infrastructure project isnÂ´t really glamorous, more so if it happens to be a still developing economy like India that needs to first create some basic infrastructure. A new road project or a thermal power plant many not excite as much as investing in a cutting-edge technology start-up in IndiaÂ´s own Silicon Valley, Bengaluru