Siemens gets order from McNally Bharat Engineers

Siemens Ltd has announced that the Company has bagged Rs 870 million (Rs 87 crore) order from McNally Bharat Engineers Pvt Ltd for supplying electricals for Rashtriya Ispat Nigam Ltd's new Sinter Plant at Vizag. This Sinter Plant is currently the second largest of its kind in India and will be commissioned by August 2009.

The Industrial Solutions & Services (I&S) division of the Company has bagged an order from McNally Bharat Engineers Pvt Ltd., for the electricals of the new Sinter Plant 3 at RINL's Vizag Steel Plant. The scope of work for this order includes designing, engineering, supply, erection and commissioning of complete power distribution system, motors and drives, automation as well as instrumentation on a turnkey basis. This project is the second Sinter Plant order for electricals to be executed by the Company in a turnkey basis and is scheduled to be commissioned by August 2009.

Mr. J Schubert, Managing Director of the Company said, "Siemens is a world leader in the metals segment with a strong presence in India and this gives us the unique advantage of combining our global expertise with our local strengths." Further commenting on this order he added, "We are extremely happy to partner with McNally Bharat for this landmark project that involves constructing one of the largest sinter plants in India (400 sq mts). With this order, we reaffirm our position as market leaders when it comes to technology solutions for the steel sector in India."

Mr. N Sivasubramanian, Executive Vice President, Industrial Services and solutions division, of the Company stated, "We remain focused on making our customers more efficient and competitive through our comprehensive technology offering, worldwide experience and unparalleled domain expertise. Our successful association with McNally Bharat over the years has given Siemens a deep understanding of the customer's requirements. By placing this order with Siemens, the customer has further reinforced its enormous confidence in our technology and solutions."

The Siemens Industrial Solutions and Services Group (I&S) is the integrator of systems and solutions for industrial and infrastructure facilities and global service provider for the plant and projects business covering planning, installation, operation and the entire life cycle. I&S uses its own products and systems and process technologies in order to enhance productivity and improve competitiveness of Companies in the sectors of metallurgy, water treatment, pulp and paper, oil and gas, marine engineering, open-cast mining, airport logistics, postal automation, intelligent traffic systems and industrial services.