Business Daily from THE HINDU group of publications
Sunday, Apr 05, 2009
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Business Daily from THE HINDU group of publications Sunday, Apr 05, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Alliances & Joint Ventures Logistics - Shipping/Ports
Our Bureau Bangalore, April 4 ABB, leading power and automation technology group, announced that it has signed an agreement with ZPMC (Shanghai Zhenhua Port Machinery Co Ltd), leading manufacturers of cranes and steel structures, to jointly develop more efficient propulsion solutions for deep sea offshore vessels. ABB and ZPMC will develop solutions for offshore vessels with demand of relatively deep operating draught, such as heavy carriers or drilling platforms. New solutions will utilise ABB’s Compact Azipod technology, providing significant advantages in terms of operating efficiency and availability over the whole lifecycle, as well as excellent station-keeping capabilities, combined with compact size and easy installation. These new solutions would represent an untapped market for ABB’s Azipod propulsion system. “ABB continues to collaborate with industry leaders like ZPMC to provide innovative solutions for new industry applications, that will help our mutual customers operate more efficiently and sustainably,” said Mr Veli-Matti Reinikkala, Head of ABB’s Process Automation division. “This agreement represents an excellent opportunity to provide these benefits to customers in an important new market area.” Algeria projectIn another business deal, ABB has won an order worth $14 million to provide a complete electrical balance of plant (eBoP) solution for a 150-MW integrated, combined-cycle solar power plant under construction in Algeria. The order was placed by the Spanish company UTE Aberer Hassi R’Mel Construction and the plant will be set up at the Hassi R’Mel natural gas field in northern Algeria. It will have two 40 MW gas turbines, one 80-MW steam turbine and two parabolic trough solar fields with a generating capacity of 25 MW. The power plant will be fired by a combination of natural gas from the gas field and solar energy collected by the parabolic troughs. This is a pioneering hybrid project in terms of integrating solar and combined cycle power generation in a single facility. More Stories on : Alliances & Joint Ventures | Shipping/Ports | Engineering | ABB Ltd
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