Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. ABB India Limited
  6. News
  7. Summary
    500002   INE117A01022

ABB INDIA LIMITED

(500002)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ABB India Provides Electrification, Drives & Automation Solutions to World's Longest Conveyor Systems

10/13/2021 | 03:02am EST

ABB India has been commissioned to provide complete electrification, drives & automation solutions for this conveyor system through its `Made in India' products manufactured in the local factories. Through this pipe conveyor system, JSW has cut down nearly 3000 road trips required for the transportation of the iron ore. This not only solves the critical issue of transportation of raw material from mining to processing sites, but also makes the process more sustainable by significantly reducing carbon emissions caused by road transportation. The key requirement of the project was system design, product reliability and life cycle support. The system consists of 3 flights of pipe conveyor to transport iron ore from Nandihalli yard to JSW site at Toranagallu in Bellary, Karnataka. For the project, ABB supplied complete Medium Voltage switchgear panels for their four substations, ACS880 low voltage high power single drive & parallel connected drive, engineered AMI series of low voltage motor, converter duty transformer and hot redundant PLC and SCADA solutions for the conveyors, through OEMs Macmet, FLS & LNVT. ABB's solutions for conveyor system help improve efficiency and sustainability. Transportation of iron ore by road resulted in hefty costs, unavoidable delays and loss of material due to breakdowns and slippage. The pipe conveyor system has achieved reduced inbound logistics costs, contained material losses, improved safety, and minimized carbon footprint. There have been zero road accidents after this pipe conveyor got commissioned.


ę S&P Capital IQ 2021
All news about ABB INDIA LIMITED
01:55aABB India Ties Up with Indore Smart City to Ensure Continuous Power Supply in Indore, I..
MT
12/02ABB India Completes Sale of Mechanical Power Transmission Business for Nearly $6 Millio..
MT
12/01Unilever names new chief legal and supply chain officers
RE
10/29Nomura Adjusts ABB India's Price Target to 1,947 Indian Rupees From 1,900 Indian Rupees..
MT
10/26Strong performance exceeding pre-COVID levels
PU
10/26ABB India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended ..
CI
10/13ABB India Provides Electrification, Drives & Automation Solutions to World's Longest Co..
CI
10/06ABB India Limited Announces Appointment of Sunil Laxman Naik as Company Secretary & Com..
CI
10/06ABB India Limited Approves the Update on Existing Address of the Registered and Corpora..
CI
09/29ABB INDIA : Secures Contract from Tata Steel
MT
More news
Analyst Recommendations on ABB INDIA LIMITED
More recommendations
Financials
Sales 2021 69 387 M 920 M 920 M
Net income 2021 4 567 M 60,6 M 60,6 M
Net cash 2021 23 834 M 316 M 316 M
P/E ratio 2021 101x
Yield 2021 0,31%
Capitalization 444 B 5 887 M 5 886 M
EV / Sales 2021 6,05x
EV / Sales 2022 4,96x
Nbr of Employees 3 255
Free-Float 25,0%
Chart ABB INDIA LIMITED
Duration : Period :
ABB India Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ABB INDIA LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 2 094,90 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Sanjeev Sharma Managing Director & Director
Sridhar Krishnaswamy Tyagavalli Chief Financial Officer
Morten Wierod Chairman
Akilur Rahman Chief Technology Officer
Renu Sud Karnad Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
ABB INDIA LIMITED72.83%5 805
ABB LTD36.75%72 154
ZHUZHOU CRRC TIMES ELECTRIC CO., LTD.34.32%13 545
SIEMENS LTD40.29%10 434
SHANGHAI ELECTRIC GROUP COMPANY LIMITED-4.62%10 406
BLOOM ENERGY CORPORATION-10.75%4 509