ABB gets $24 mln contract from UK's National Grid

Fri Jul 3, 2009 6:02am EDT
 
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ZURICH, July 3 (Reuters) - Swiss engineering group ABB (ABBN.VX) said on Friday it had been awarded a $24 million contract by Britain utility National Grid (NG.L) which will help meet demand for power in northwest England.

The contract is for a substation providing the grid connection for a new power station, and will be located on the site of a former coal-fired power station near Manchester.

The project is expected to be completed by 2013 and will produce enough power to meet the needs of 1 million households, ABB said. (Reporting by Martin de Sa'Pinto; Editing by Dan Lalor)

 

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