ABB wins its largest FACTS order worth $115 million to support Saudi rail network

ABB, the leading power and automation technology group, has won an order worth around $115 million from Saudi Electricity Company (SEC), the country’s national power transmission and distribution operator, to provide a FACTS (flexible alternating current transmission system) solution enhancing the reliability of the transmission grid that feeds major railway interconnections. This is the biggest FACTS order received by the company.The order was booked in the third quarter.

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