Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

ABB India to enable intelligent automation for THINK Gas' network

Posted On: 2022-06-30 22:25:52 (Time Zone: IST)

THINK Gas, one of India's fastest growing companies in the city gas distribution business, has brought ABB on board to deliver a digital solution to maximize efficiency, availability and reliability of its expansive city gas network that incorporates multiple remote terminals across distributed locations.

Harnessing its SCADAvantage™ system deployed in the cloud, ABB has designed a solution that will integrate, monitor and control day-to-day operations across the enterprise, automating workflows to help operators maximize uptime and improve safety. Sitting at the heart of the THINK Gas digital architecture is the ABB Ability™ Genix Industrial Analytics and AI suite, which will bring together multiple sources of real-time data from THINK Gas's operations across its network.

By collating and contextualizing operational, engineering, and transactional data from IT systems, ABB's industrial AI has a significant amount of information and a holistic view of assets and processes, from which it provides better, actionable insights for how to drive performance and efficiency.

The system will be managed via a central control room - Nucleus - where operators will be able to promptly retrieve data and convey crucial information, such as operational equipment parameters and consumption trends.

Hardip Singh Rai, CEO, THINK Gas said, "At THINK Gas, we are committed to adopt state-of-the-art technology solutions that will help optimize our network, meet the growing demands in our markets, achieve efficiency and enable us to provide uninterrupted supply of natural gas to our customers. This partnership with ABB marks a cornerstone in our digital transformation journey, that is helping us build THINK Gas into a modern and robust CGD company that is ready for the future."

With rapid urbanization and increasing energy demands, India is investing billions to deliver piped natural gas (PNG) and compressed natural gas (CNG) to around 70 percent of its population over the next five years. This is part of the country's ambition to achieve a more sustainable energy mix.*

"City gas distribution is gaining momentum as the government aims to expand supply networks across India. This plays an important role in getting natural gas, a green fuel alternative to the consumer doorstep. Our automation and AI solutions help unlock data to get better and deeper actionable insights, enabling smart, safe and sustainable operations. Visualizing the status of network, understanding the consumption and demand, and managing the assets are key requirements for CNG suppliers, said G Balaji, SVP, Head-Energy Industries, ABB India. "We are proud to be part of this project which is contributing towards clean fuel adoption and energy transition in the country."

Shares of ABB India Limited was last trading in BSE at Rs. 2296.25 as compared to the previous close of Rs. 2313.15. The total number of shares traded during the day was 6778 in over 851 trades.

The stock hit an intraday high of Rs. 2329.70 and intraday low of 2278.00. The net turnover during the day was Rs. 15608073.00.

Click here to send ur comments or to

Other Headlines:

Phoenix Mills Limited - Rating outlook revised to 'Positive', Rating reaffirmed

Gladiator Stocks - Sanghvi Movers - ICICI Direct

CIL Nova Petrochemicals's Manufacturing Plant shut down for maintenance work of Captive Power Plant

Birlasoft Ltd announces record date for buyback of equity shares

Getalong Enterprise Ltd updates on export orders in June 2022

Zee Media Corporation Limited announces resignation of CEO

Mahindra's Farm Equipment Sector Sells 39825 Units in India during June 2022

PVP Ventures Limited updates on corporate guarantee

CSL Finance Limited - Business Update for Q1 FY2022-23

Hero MotoCorp has sold 13.90 lakh units in Q1 FY202-23

Mazagon Dock Shipbuilders launches Fuel Cell Electric Vessel prototype

NFL records total Fertilizer Sale of 15.58 Lakh MT in April - June, 2022

Mafatlal Industries Ltd completes sale of Vrata Tech Solution Pvt. Ltd

Q1 FY2022-23 Business Update of Housing Development Finance Corporation Ltd

Brigade Enterprises Ltd arm updates on acquisition

Ashoka Buildcon Limited JV emerges lowest bidder for Rs. 611 crore project

Escorts Construction Equipment volume grew by 22.5 percent in June 2022

TVS Motor Company Sales Grows By 22% In June 2022

V-Mart Retail Ltd opens 11 new stores in Q1 FY2022-23

KVB Celebrates International MSME Day

Asian Granito's wholly owned subsidiary Future Ceramics commence work on Glazed Vitrified plant at Morbi

ARIES Agro Ltd gets two awards

Bharat Forge successfully completes acquisition of JS Autocast

WardWizard registers YoY growth of 127% for June'22 to June'21, Sells 2,125 units of electric two-wheelers

Mahindra Auto sells 26620 SUV's and 54096 vehicles overall in June 2022

NCC Ltd allots 70 lakh shares

Hindustan Foods completes acquisition of Reckitt Benckiser Scholl India Pvt Ltd

VA Tech Wabag Ltd resumes AGCC Russia project

APL Apollo Tubes Ltd Q1FY23 Sales Volume of 422,788 Ton

Mahamaya Steel Industries Ltd reports 6.75% MoM increase in sales for June 2022

Coal India's production sets record increase of 36 MTs in Q1 FY'23

Maruti Suzuki's sales in June 2022 at 155,857 units

Ashank Desai Awarded 'Lifetime Achievement Award' by Dataquest

NTPC commissions 100MW Ramagundam Floating Solar PV Project

Datamatics recognized in the 2022 Gartner® Magic Quadrant™ for Finance and Accounting BPO

EIL and CSIR-CSIO ink agreement for joint commercialization of Earthquake Warning System

Balkrishna Paper Mills Ltd shuts plant for annual maintenance

Man Infraconstruction to acquire stake in Royal Netra Constructions Pvt Ltd

Sundaram Finance announces demerger of the Fund Accounting Business of Sundaram Fund Services Limited

Steel Strips Wheels Ltd posts 35% YOY Growth in Net Sales in June 2022

Escorts Agri Machinery sold 10,051 tractors in June 2022

IRB Infra's SPV achieves receives Completion Certificate for its Hapur to Moradabad Six Laning Highway Project in Uttar Pradesh

PVP Ventures Ltd enters into agreement with Casagrand Builders for joint development

Wipro updates on sale of preferred stocks of Harte Hanks Inc

CSB Bank Ltd revises interest rates from July 1, 2022

Jubilant HollisterStier to expand its CMO manufacturing facility at Montreal, Canada

CCI approves proposed combination involving Google International LLC and Bharti Airtel Limited

MOIL revises product prices from July 1, 2022

Wonderla Holidays Ltd to expand its business to Bhubaneshwar, Odisha

Cosmo Films appoints Justin Glass as President for North America operations

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020