) has been awarded a new contract by Italian power company Enel,
to provide an automation and control system, Symphony
Plus, for use at its Grazia Deledda Sulcis power plant on the
island of Sardinia. The value of the contract remained
The coal-fired power plant, Grazia Deledda Sulcis, comprises
two units with a generating capacity of over 240 MW. The plant is
expected to undergo major changes in the control systems, in
order to function in a more efficient way. The Symphony
Plus system will help improve the efficiency along with
minimizing environmental impacts of the plant.
Italy overly depends on the supply of natural gas to generate
electricity. With the rise in demand, there will be greater need
for electricity. Therefore, the government is seeking alternative
sources like coal, to augment electricity generation. Since the
Grazia plant is situated strategically in the Sulcis Iglesiente
basin, Italy's sole coal reserves, it will be able to reap
benefits from the potentially higher demand for coal generated
The new Symphony Plus is equipped with a few new and enhanced
features such as burner management and flue gas desulfurization
systems, a new control room and operating stations. These
additional features will render the operations of the plant
smooth and easier. The system is mainly designed for the power
and water sectors to increase the efficiency and reliability of
Based in Zurich, Switzerland, ABB Ltd. is a power and
automation technology company and currently carries a Zacks Rank
#3 (Hold). Some of the other industrial equipment stocks, which
are worth considering are
Franklin Electric Co. Inc.
Capstone Turbine Corp.
Emerson Electric Co.
); each of these carries a Zacks Rank #2 (Buy).
ABB LTD-ADR (ABB): Free Stock Analysis Report
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