ABB wins US$ 34-million order to upgrade London Underground

Project allows transit authority to replace old station with new, clean power

Zurich, Switzerland, February 05, 2001 – ABB says it has won a US$ 34-million order to improve the power supply to the London Underground, allowing the transit authority to replace electricity from an old power station with electricity from sophisticated and clean power sources.

Under the terms of the contract, ABB will provide five static var compensators (SVC's) to help the London Underground outsource its power requirements. SVCs control the voltage and stability in power distribution grids, which in turn contributes to a more efficient power system. ABB said the SVC technology provides for more ecoefficient, compact and safe solutions.

The work ABB is carrying out will facilitate closure of the old London Underground power station at Lots Road, Chelsea, which dates back to 1905. The company says several deregulating and privatizing energy markets around the world – from California to Europe and into Asia – are looking at new sustainable technologies like SVC, high-voltage direct current (HVDC) Light and alternative energies like microturbines and combined heat and power to feed their existing grids with clean power.

ABB says the London Underground order is part of a larger project to overhaul the area’s power distribution network, including cabling and switching. ABB will partner with a consortium of Balfour Kilpatrick Limited and Seeboard Trading Limited for these modifications, where new transformers will provide lower voltage supplies for lighting, lifts, escalators, ticket barriers, communications and control systems.

ABB says the first phase of installation is due for completion in mid-2002 and the second phase will be completed in early 2003.

ABB (www.abb.com) serves manufacturing, process and consumer industries, utilities, the oil and gas sector and infrastructure markets, with 160,000 employees in more than 100 countries. (End)

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