ABB India Limited has informed the Exchange about Bagging of Order
ABB · price
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Awaiting price reaction for this filing.
ABB India has accepted an order worth Rs 173.55 crores from Siemens Gamesa Renewable Power Private Limited, Chennai, for the manufacture and supply of 3.X wind turbine converters and electrical cabinets. The order will be executed on a built-to-print basis from ABB India's Nelamangala factory in Bengaluru. Deliveries will be made on a monthly basis from January 2026 through December 2026. This is a domestic supply order with no related party interest. The order strengthens ABB India's position in the renewable energy equipment supply chain.
This is a positive development for ABB India as it adds Rs 173.55 crores to the order book, supporting its renewable energy segment. However, the order size is modest relative to ABB India's annual revenue, so the impact on stock price is likely to be limited.