ABB announced today that it has won a turnkey contract worth $43 million to install Flexible Alternating Current Transmission Systems (FACTS) technology to help prevent power blackouts in Mexico.
The contract, awarded by ComisiÃ³n Federal de Electricidad (CFE), the Mexican state-owned utility, will reportedly improve the efficiency of the transmission system and increase grid reliability in Mexico City and northern parts of the country.
The project includes the design, manufacture, testing, erection and commissioning of the entire system in three regions. The project is scheduled for completion in 17 months.
The order includes ABB’s Static Var Compensator (SVC) technology, part of the FACTS portfolio that is said to help to avoid grid overload. To date, ABB has delivered 12 SVCs to CFE.