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ABB India inaugurates new factory, doubles its Gas Insulated Switchgear capacity



Posted On : 2023-02-24 12:49:45( TIMEZONE : IST )

ABB India inaugurates new factory, doubles its Gas Insulated Switchgear capacity

ABB India today inaugurated its new state-of-the-art factory in Nashik, doubling its Gas Insulated Switchgear (GIS) production capacity. This factory will manufacture primary and secondary GIS. It will serve customers across various industries including power distribution, smart cities, data centers, transport (metro, railways), tunnels, ports, highways and other infrastructural developments.

Spread over 78,000 sq. ft., the new site is equipped with smart and lean manufacturing capabilities. It deploys advanced robotics for manufacturing which connects people, processes, assets, and is capable of relaying real-time data for enhanced productivity. Developed as per the norms set by the Indian Green Building Council (IGBC), this green factory building optimizes the use of water and energy. The factory also uses carefully selected materials to minimize the life cycle environmental impacts. In line with ABB's Sustainability Strategy 2030 targets, the factory has also realized its RE100 (100% renewable electricity) commitment to achieve low carbon operations.

With the inauguration of this new factory, ABB India also launches PrimeGear™ ZX0 in the country. This eco-efficient switchgear is built on ABB's SF6-free ecoGIS™ with Dry Air technology for applications up to 12kV in the factory in Nashik, supporting the migration to a greener, smarter and safer future. Its robust, compact design generates 20% less heat while also saving energy and improving safety. With the use of SF6 alternatives, this ecoGIS™ lowers the global warming potential by 100%. PrimeGear™ ZX0 enables remote monitoring and reduces the product installation footprint by up to 25% compared to conventional switchgear. Being a market leader in GIS, this factory of ABB in India will strengthen the local manufacturing and contributes towards creating a low-carbon society.

Sanjeev Sharma, Country Head and Managing Director, ABB India, said, "ABB is committed to enabling a more sustainable and resource-efficient future. We use global technology coupled with local engineering as a catalyst for introducing greener alternatives in the market. This new GIS factory is a testimony to ABB's commitment towards building a self-reliant India in manufacturing and contributing to the nation's net zero journey."

Ganesh Kothawade, Senior Vice President and Head Distribution Solutions Division, Electrification Business, ABB India, said, "ABB in Nashik has been at the forefront of electrical engineering development in the country. It has always played a crucial role in introducing innovative products and solutions. With the increase in investments into megacities and infrastructure, the demand for sustainable, maintenance-free switchgear is growing."

Being in Nashik across three locations since 1978, ABB India has been manufacturing a wide range of electrical distribution products and solutions - demonstrating its commitment to 'Atmanirbhar Bharat' and 'Make in India', also catering to the increasing domestic and export demands from over 100 countries.

Shares of ABB India Limited was last trading in BSE at Rs. 3139.90 as compared to the previous close of Rs. 3172.15. The total number of shares traded during the day was 3627 in over 970 trades.

The stock hit an intraday high of Rs. 3177.45 and intraday low of 3123.90. The net turnover during the day was Rs. 11432083.00.

Source : Equity Bulls

Keywords

ABBIndia INE117A01022 Stateoftheart Factory Nashik GasInsulatedSwitchgear ProductionCapacity