ABB Ltd
22 July 2004
ABB wins $85 million power contracts in Algeria
Grid upgrades to meet surging demand for power on Algerian coast
Zurich, Switzerland, July 22, 2004 - ABB, the leading power and automation
technology group, said today it has won contracts worth $85 million for three
projects to upgrade Algeria's power grid.
Algeria's state-owned utility, Sonelgaz, is banking on ABB technology to meet
fast-growing demand for power in the capital city of Algiers, with its three
million residents, as well as the heavily industrialized coastal region.
'Algeria's solid economic growth must be supported by a swift upgrade of its
electrical infrastructure,' said Peter Smits, head of ABB's Power Technologies
division. 'We are pleased Sonelgaz has once again chosen ABB's speedy delivery
and installation of high-quality products and systems.'
The three projects will be fast tracked and are scheduled for completion within
15 months.
The first will improve power distribution in greater Algiers with the
installation of 60-kilovolt substations, corresponding automation technology and
15 kilometers of overhead transmission lines in the suburban centers of Meftah
and Mazafran.
The second project, called 'Ravin Blanc,' will increase the capacity of the
existing power grid in northwestern Algeria, and includes installing four
turnkey 60-kilovolt substations near the coastal city of Oran. The third, called
'Touggourt/Biskra,' is an urgently needed expansion of two existing 220-kilovolt
substations to improve power distribution to Algeria's northeastern region.
A number of high-end power components will be supplied by ABB in Germany, as
well as project planning and management. Equipment includes gas-insulated
switchgear, substation protection and control systems, and a SCADA network
management system. ABB has also opened a project office in Algiers to manage
local activities like transportation, construction and assembly. In 2003, ABB
received orders from Sonelgaz worth more than $50 million for substations and
cable connections.
ABB (www.abb.com) is a leader in power and automation technologies that enable
utility and industry customers to improve performance while lowering
environmental impact. The ABB Group of companies operates in around 100
countries and employs about 113,000 people.
Media Relations: Investor Relations:
ABB Corporate Communications, Zurich Switzerland: Tel. +41 43 317 3804
Wolfram Eberhardt Sweden: Tel. +46 21 325 719
Tel: +41 43 317 6512 USA: Tel. +1 203 750 7743
Fax: +41 43 317 7958 investor.relations@ch.abb.com
media.relations@ch.abb.com
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