ABB inks USD-100m contract to supply grid equipment to S America

Swiss power and automation group ABB Ltd (VTX:ABBN), through its Power Grids business, has signed a five-year framework contract with Colombia-based electric transmission company Interconexion Electrica SA ESP (ISA) for the supply of key power equipment for ISA’s South American operations.

The contract is estimated to be worth some USD 100 million (EUR 91.5m) and will cover the supply of shunt reactors, gas-insulated switchgear (GIS), air-insulated switchgear (AIS) equipment such as circuit breakers, instrument transformers and hybrid modules, ABB said Tuesday.

ISA is based in Medellin, Colombia, and operates across several South American countries including Brazil, Chile, Peru, Ecuador, Argentina, as well as Central America. At present, it is responsible for over 62,000 kilometres (38,525 miles) of power transmission infrastructure, and has more than 7,000 kilometres more under construction, according to ABB.

More recently, ISA was awarded a government contract in Colombia for the construction of a 275-kilometre transmission line in the departments of Norte de Santander and Cesar. The line is to strengthen the national transmission system in the north of the country and facilitate the integration of non-traditional renewables, ISA announced in March.

(USD 1.0 = EUR 0.915)

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