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ABB to supply switchgear for major Austria grid expansion

|About: ABB Ltd (ABB)|By:, SA News Editor

ABB (NYSE:ABB) has signed a five-year framework contract with Austrian Power Grid, potentially worth more than $100M to supply gas-insulated switchgear, in the largest electricity grid expansion to date in Austria.

The company will be supplying the switchgear, for the construction of a transmission grid that will help to strengthen the infrastructure in order to gradually integrate electricity generated by more renewable sources.

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