Published On:January 23 2016
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Siemens bags Rs. 155 crore order from PSI International.
Siemens Ltd said it has won an order worth Rs 155 crore from Malaysia-based PSI International for supply of gas-insulated switchgear.
'Siemens Ltd, together with Siemens Malaysia, announced that it has won a crucial order approximately worth Rs 155 crore from Malaysia-based PSI International, one of the largest petrochemical companies of the world and a subsidiary of Petronas,' the company said in a statement.
The scope of work for the project involves supply of 420kV gas-insulated switchgear for PSI International's new petrochemical ( RAPID) greenfield project, it said.
Siemens is a leading producers of energy-efficient, resource-saving technologies; combined cycle turbines for power generation; and power transmission solutions.
Siemens is a pioneer in infrastructure solutions and automation and software solutions for industry.
ET