ABB wins US$ 250-million order for Argentina-Brazil power link

Growing demand for cross-border links in deregulating markets

      Zurich, Switzerland, July 04, 2000 - ABB, the global technology company, has won a US$ 250-million order to build the second phase of a power transmission system connecting power networks in Argentina and Brazil.

      The contract, which follows an order for the first phase of the project in 1998, was awarded by Companhia de Interligacão Elétricia (CIEN), Brazil. CIEN is a company of the Spanish ENDESA Group. The link is scheduled to be in commercial operation at the beginning of 2002. The first phase installation was successfully taken into operation last week.

      Under the terms of the contract, ABB will build a 1000-megawatt power transmission link to interconnect two substations in northern Argentina and southern Brazil. The link comprises 490 kilometers of alternating current lines and a HVDC converter station to connect the different power frequencies of the two systems.

      The project reflects the growing demand for regional power interconnections in the deregulated markets of Latin America. The cross-border link permits Argentina and Brazil to use their electricity resources more efficiently and cost-effectively. As part of the order announced today, ABB will expand three 500-kilovolt substations associated with the first phase and integrate the two projects.

      The ABB Group ( serves customers in power transmission and distribution; automation; oil, gas, and petrochemicals; building technologies; and in financial services. With novel IT applications, tailored software solutions, growing eBusiness and a fast-expanding knowledge and service base, ABB is building links to the new economy. The ABB Group employs about 165,000 people in more than 100 countries. (END)

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    • John Fox
      ABB Corporate Communications, Zurich

      Tel: +41 1 317 7354

      Fax: +41 1 317 7958
    • Manfred Ebling
      ABB Investor Relations, Zurich

      Tel: +41 1 317 7266

      Fax: +41 1 311 7918
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