ABB contract

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The Independent Online
ABB ASEA BROWN BOVERI announced yesterday that it has won a turnkey contract valued at $80m (pounds 48m) from the Channel Islands Electricity Grid Co to build a new power grid.

Under the terms of the contract, ABB said it will link the electricity supply networks of Guernsey and Jersey islands in the English Channel to the European grid via France.

The project is scheduled to be completed by the summer of 2000.

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