Siemens Ltd. received an order worth Rs. 570 crore for one of the world's most important and largest STATCOM projects from Power Grid Corporation of India Ltd. The range of the mentioned order includes supply and installation of four 400 kVSynchronous Compensator (STATCOM) solutions. The Power consumers from various parts across the different states will seek benefit in the form of constant grid voltage and frequency leading to availability of unceasing quality power. This order