Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
18 January, 2022 14:57 IST
ABB India partners with Indore Smart City Development
Source: IRIS | 08 Dec, 2021, 05.05PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

ABB, a leading player in power and automation technologies,ABB, a leading player in power and automation technologies has partnered with Indore Smart City Development (ISCDL) to deploy next-generation digital technology that enables the continuous supply of electricity to homes and businesses. In the first phase of the collaboration, this technology has enabled more than 2300 connections to achieve 24/7 electricity supply with an efficient automatic response system (ARS) in case of power outages or disruption.

ABB and ISCDL now plan to replicate the same model in other areas of the city and position Indore as the model for smart city projects across India.

Indore is the largest city in Madhya Pradesh and home to over three million people and several key industries in the state. Indore is also part of the Central Government’s mission to develop 100 smart cities across the country. One of the key parameters of a smart city is the 24/7 supply of electricity to enable digital transformation and the supply of key services to citizens. Indore has set its target to boost the smart city development in sync with its ‘swachh’ identity in the world.

ABB’s Compact Secondary Substations (CSS) used in the project reduces downtime by providing steady and reliable power supply through digitally enabled SCADA solutions.


Kiran Dutt, President - Electrification business, ABB India said, "We are happy to partner with the Indore Smart City Development to support Indore in becoming a next-generation smart city. ABB’s world-class digital solutions will enable the regular supply of electricity which is vital for the growth of a vibrant city such as Indore."


Shares of the company gained Rs 37.70, or 1.82%, to settle at Rs 2,104.05.  The total volume of shares traded was 9,019 at the BSE (Wednesday).


 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
ICICI Bank: Leadership position to strengthen; Tech capabilities to drive sustainable growth - 18-Jan-2022 14:36
UltraTech Cement Q3FY22 Review - Outlook positive; Hold - 18-Jan-2022 14:23
VA Tech Wabag secures order worth USD 100 mn in Dubai - 17-Jan-2022 19:43
Glenmark Pharmaceuticals arm gets tentative approval for Regadenoson Injection - 17-Jan-2022 19:16
HDFC Bank Q3FY22 Review-Credit growth improved; Restructured assets at 1.37% vs 1.5% - 17-Jan-2022 17:25
HCL Technologies Q3FY22 Review- Margins to improve gradually - 17-Jan-2022 17:15
HDFC Bank: Earnings in line; Balance Sheet strengthens further - 17-Jan-2022 16:52
Renaissance Global partners with National Football League - 17-Jan-2022 11:26
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer