Siemens Signs Rs 104.40 Cr Contract With BSRM (Bangladesh Steels Re-Rolling Mills)

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Siemens has inked a contract worth Rs 104.4 crore with Bangladesh Steels Re-Rolling Mills (BSRM), the largest steel manufacturing company in Bangladesh, to build a Gas Insulated Switchgear (GIS) substation. This is the first private sector-funded GIS substation project and has the largest order size in the GIS segment in Bangladesh. BSRM will be utilizing the GIS substation to provide uninterrupted power to its new 1 MTPA steel plant.

As an end-to-end solutions provider of power solutions, Siemens Energy Sector will be implementing the project on a turnkey basis. Together with the 230kV/33kV GIS, Siemens will also provide high-performance, reliable, cost-competitive and energy-efficient technologies such as control relay panels and a substation automation system. The project is expected to be commissioned in 15 months.

The Siemens Group in India has emerged as a leading inventor, innovator and implementer of leading-edge technology enabled solutions operating in the core business segments of Industry, Energy and Healthcare.

Meanwhile, Siemens shares are trading at Rs 475, up 0.42% on NSE with a volume of  125000 shares.

2 Comments Add yours

  1. Matthew says:

    The article which you have posted is great. Your site provided for me much information.Thanks for sharing this information.

  2. Siemens is doing quite well. Thanks for sharing this post. Informational.

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