ABB Ltd
23 March 2004
ABB to power the 'Eighth Wonder of the World'
Technology will provide reliable electricity supply to two artificial islands
Zurich, Switzerland, March 23, 2004 - ABB, the leading power and automation
technology group, said today it has signed a contract worth $30 million with the
Dubai Electricity and Water Authority (DEWA) for a substation and heavy-duty
gas-insulated switchgear to deliver electrical power to two man-made islands
dubbed the 'eighth wonder of the world.'
'We are very pleased to help DEWA keep pace with the rapidly increasing demands
for power in the United Arab Emirates,' said Peter Smits, head of ABB's Power
Technologies division. 'ABB's advanced substation and switchgear solutions will
ensure reliable delivery of power to this high-profile project.'
Visible from space, the palm-shaped Jumeirah and Jebel Ali islands will house
dozens of luxury hotels, exclusive villas and apartments, marinas, shopping
malls and recreational facilities when completed in 2007. The artificial islands
will be made of about 100 million cubic meters of rock and sand, and increase
Dubai's shoreline by 120 kilometers.
Under the terms of the contract, ABB will design, manufacture, erect, test and
commission a turnkey switching station, and supply a 132 kilovolt gas-insulated
switchgear, protection panels, electrical and mechanical auxiliary equipment,
and 20 kilometers of 132 kilovolt XLPE cable. ABB will also take care of all
necessary civil works, and complete the contract in 12 months.
ABB is the worldwide leader in the field of transmission and distribution
substations, with more than 2,500 substations delivered in the last ten years.
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 115,000 people.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.