ABB wins $60-million order for U.K. underground cable

Fourth major power grid order for London in last eight months

Zurich, Switzerland, March 14, 2001 - ABB has won an order worth US$60 million from National Grid, the private U.K. power utility, for a 20-kilometer high-voltage underground power cable to link two substations in London.

The project is part of National Grid’s program to upgrade part of the London power grid. The 400-kilovolt cable is one of the longest high-voltage underground cables to be installed in Europe. It uses ABB’s proven cross-linked polyethylene (XPLE) insulation technology which requires less maintenance, is safer to operate and is less hazardous for the environment than conventional oil- and gas-filled cables. That makes it ideal for use in heavily populated urban areas. A similar ABB underground cable installation has been in service in Berlin since 1998.

Under the terms of the contract, ABB will manufacture, install, commission and test the cable, weighing a total of 2,440 tons and installed in a three-meter diameter underground tunnel. The project is scheduled for completion before the end of 2004.

One of the substations in the link, at St John’s Wood, is being built by ABB under a separate US$80-million contract awarded last summer. In October of last year, ABB also won a US$30-million order for a London substation at City Road. Earlier this year, the company was awarded a US$ 34-million order to improve the power supply to the London Underground.

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

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