A consortium of Siemens and Sumitomo Electric Industries Ltd. has been awarded an order from Power Grid Corporation of India, the central transmission utility of India, to supply a high-voltage direct current (HVDC) transmission system. The total size of the order won by the consortium is US $520 million, of which the share of Siemens Ltd is approximately Rs 1,682 crore.

"The grid-augmentation project will go a long way in delivering reliable, uninterrupted power to the state of Kerala. This project further demonstrates Siemens' commitment to partner with the Government of India in its vision of delivering 24/7 power for all. The availability of reliable power transmission is key for India's sustainable progress. Most of the critical equipment for the project is being sourced from factories in India, renewing our commitment towards Make in India," said Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd.

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