ABB wins $24 million order to upgrade power plant

Will generate 20-percent more electricity and strengthen Swedish power supply

Zurich, Switzerland, March 31, 2006 - ABB, the leading power and automation technology group, said today it has won a $24 million contract to help increase electrical power output at the Oskarshamn Unit 3 nuclear reactor, on the southeast coast of Sweden.

The plant’s owner, OKG, wants to increase power generation from 1,200 to 1,450 megawatts, which is enough additional power to heat about 100,000 homes. ABB is a subcontractor to Alstom Power Sweden on the project, which was awarded by OKG to perform the necessary upgrades on the turbine and electrical plant.

“ABB provides world leading instrumentation, control and electrification systems for power plant upgrades such as this,” said Samir Brikho, head of ABB’s Power Systems division. “ABB also has broad product and nuclear power plant competence, which for our customer was a decisive factor in the awarding this contract.”

ABB will deliver power transformers, modifications and certification of generator circuit breakers and isolated phase bus ducts, as well as project work and support to the plant.

ABB’s technology will be used to transmit electricity reliably and safely from the plant’s power generators to Sweden’s 400-kilovolt (kV) grid. The project is scheduled for completion in mid-2008.

OKG operates three nuclear power plants, which together supply 10 percent of Sweden’s total electricity supply. Oskarshamn Unit 3 is OKG’s largest reactor, which after the upgrade will operate until 2045.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 104,000 people.


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