- The company was Incorporated on 24th December at Mumbai. The mainobjects of the company is to manufacture transformers electric motors all-aluminium conductors furnaces extra H.T. airblast circuitbreakers panels and switchboards.

- Asea Brown Boveri (ABB) established a subsidiary of theSwedish-Swiss ABB Asea Brown Boveri. The ABB group comprising about1000 companies has operations in 140 countries and is involved inpower generation transmission and distribution (T&D) industrialequipments and systems and factory automation.

1964

- In August 20 000 Pref. shares issued to collaborators. 1 20 000Right Equity shares offered at par in prop. 1:1.

1965

- In September the Company's name was changed from Hindustan ElectricCo. Ltd. to Hindustan Brown Boveri Ltd.

1976

- 60 000 Bonus Equity shares issued in prop. 1:4.

1978

- 1 00 000 Bonus Equity shares in prop. 1:3.

1982

- The Company issued on 12th April 1 00 000-13.5% securednon-convertible debentures of Rs 100 each as rights to resident Indianequity shareholders. These debentures are redeemable at a premium of5% on the expiry of the 7th year in four annual instalments commencingfrom 1989.

- The Company allotted 5 00 000-18% non-convertible debentures of Rs100 each by private placement basis to financial institutions. Thesedebentures are redeemable at a premium of 5% in three equal annualinstalments commencing from 1998 with premium payable in the secondinstalment.

1984

- The project for the manufacture of industrial steam turbines withGujarat Industrial Investment Corporation Ltd. progressed withGovernment approving the collaboration agreement with AG Kunhle Kopp &Kausch West Germany.

1986

- The company allotted to each of UTI and LIC 1 50 000-15%non-convertible debentures of Rs 100 each by private placementaggregating to Rs 300 lakhs. The debentures are redeemable in 1933 ata premium of 5%.

- 1 00 000 Right Equity shares issued (prem. Rs 60 per share prop.1:4). 5 000 No. of equity shares were offered to employees (prem. Rs60 per share). Another 2 500 No. of equity shares were offered to BBCBrown Baveri & Co. Ltd. Switzerland in addition to their rightsentitlement. All shares were allotted on 1.11.1986 except 196 sharesof the employees quoted which were allotted on 3rd August 1987.

1987

- On 9th January the Company set up "Integra Hindustan Control Ltd."for the manufacture of relay and signalling equipment for the Railwaysusing technology of Integra Ltd. Zurich Switzerland. This projectwas set up at Halol in Panchmahan district of Gujarat State.

- The Company jointly with Pradeshiya Industrial and InvestmentCorporation of U.P. Ltd. promoted a company under the name of NationalSwitchgears Ltd.

- The joint venture company set up a project for the manufacture ofswitchgears at Rae Bareli U.P.

- The Industrial licences were received for mini-computer/microprocessor based systems modems switch mode power supplier andkeyboards.

- The Company entered into collaboration with Danish Windpower A/s Denmark for the manufacture of wind energy conversion systems.

1988

- The Electronics division was commissioned power line carriercommunication equipment for the HVDC line developed by the AndhraPradesh Electricity Board.

- Consequent to the merger of Asea (renamed ABB) Sweden and BBC BrownBoveri (renamed ABB) Switzerland the Indian operations of bothcompanies were also merged.

- 40 000 Pref. shares converted into 20 000 No. of equity shares (prem.Rs 100 per share).

1989

- The first back-to-back high voltage direct current transmission linkfor NTPC at Vindhyachal connecting the Northern and Western regionalpower grids was commissioned in August.

- Asea Ltd. (ASL) was amalgamated with Hindustan Brown Boveri Ltd.(HBBL) with effect from 1st January. Pursuant to the Scheme ofAmalgamation HBBL were to issue and allot to the equity shareholders ofASL 45 85 590 No. of equity shares of Rs 10 each at par of HBBLcredited as fully paid up in the proportion of 5 equity shares of HBBLfor every 6 equity shares of ASL held.

- Pursuant to the Scheme of Amalgamation of Asea Ltd. with theCompany the name of the Company was changed from Hindustan BrownBoveri Ltd. to Asea Brown Boveri Ltd. with effect from 13th October.

1990

- Shares subdivided on 16th March 1989. 45 85 590 No. of equity sharesof Rs 10 each then issued without payment in cash to members of AseaLtd. in prop. 5:6.

1992

- The Company issued 49 30 295 No. of equity shares of Rs 10 each at apremium of Rs 50 per share on rights basis in the proportion of 1:2(all were taken up). Additional 7 39 544 shares were allotted toretain oversubscription.

- The parent company increased its equity stake in ABB from 40 to 51per cent in 1992.

- Another 2 46 515 No. of equity shares of Rs 10 each at a premium ofRs 50 per share were offered to the employees. All were taken up.

- Simultaneously the Company issued 47 54 734 No. of equity shares ofRs 10 each at a premium of Rs 50 per share to the foreign collaboratorsviz. ABB Asea Brown Boveri Ltd. on private placement basis to raisetheir holding to 51% after issue and allotment of rights shares additional shares and shares to employees.

1994

- The Company offered to take a majority stake in a BIFR registeredboiler manufacturing company in India that would enable the Company toprovide full range of equipment and turnkey services for building powerplants in the country. The Company made an entry into low voltageswitchgear business.

- A joint venture company namely `ABB Daimler-Benz Transportation AG'(AD Tranz) was established by ABB Zurich and Daimler-Benz AG Germanyin Germany.

- A subsidiary of AD Transz was incorporated in India viz. `ABBDaimler-Benz Transportation (India) Ltd.' which took over theTransportation business of the Company effective 1st January 1996.

- Another group company - Flakt India - in which the parent held 51 percent was merged with ABB. ABB has always been a key supplier of powerequipments in the country ushering in the latest technology.

- The Company set up a new factory at Mysore in Karnataka State for themanufacture of various electronics products including EPABX exchanges.

- Another group company - Flakt India - in which the parent held 51 percent was merged with ABB. ABB has always been a key supplier of powerequipments in the country ushering in the latest technology.

- Amalgamation of Flakt India Ltd. with Asea Brown Boveri Ltd. witheffect from 5th October. Pursuant to the scheme of amalgamation FlaktIndia Ltd. were to issue 36 88 196 No. of equity shares of Rs 10 eachat par of the Company credited as fully paid up in the proportion 1:2.

1995

- The company was awarded the engineering procurement construction(EPC) job for the Integrated steel project.

1996

- All the Gas Turbines of the combined cycle power plant for GVKIndustries Ltd. were commissioned. The entire undertaking relating tothe Transportation business was transferred as a going concern to ABBDaimler-Benz Transportation (India) Ltd.

- GVK's 235-MW Jegurupadu CCPP for which ABB Asea Brown Boveri was theturnkey EPC contractor became the first fast track power project to goon stream.

1997

- Transmission and Distribution segment introduced new products like72.5 KV switchgears for the U.S. market and indigenous static relays.Major substation commissioned during the year include 220 KV switchyardfor Andhra Pradesh State Electricity Board and 145 KV switchyard forBhushan Steel Ltd.

- A process control system for petrochemical complex of RelianceIndustries Ltd. at Hazira was commissioned.

- The Company proposed to commission greenfield transformer project atVadodara.

- 103 54 589 Bonus shares issued in prop. 1:3.

- ABB has taken majority stake holding in Birla-Kent Taylor acquiring51 per cent in the company from C K Birla group while the othercompany has become its fully-owned subsidiary.

- ABB has taken stakes in the following projects. 1) Neyveli Powerproject in Tamil Nadu (250 MW) developed by CMS generations 2)Jegurupadu power project in AP (235 MW) developed by GVK industries(five percent stake) 3) Pench power project in MP (500 MW) developed bySoris funds (20 percent stake).

- Asea Brown Boveri of Switzerland has picked up 70 lakh preferentialshares in ABB-ABL the Durgapur-based boiler maker which was taken overby ABB India under a rehabilitation plan cleared by the Board ofIndustrial and Financial Reconstruction.

- ABB Holdings of South Asia will pick up the cumulative redeemablepreferential shares of Rs.100 per share with 13 per cent return oninvestment for a period of 10 years.

- ABB Holdings South India Ltd. already set up a 100 per centsubsidiary in the country. This company would act as a holding companyand consolidate the shareholding of ABB Switzerland and its overseassubsidiaries held in different Indian companies.

- ABB has recently set up a greenfield turbine and generator facilitiesin Baroda. The plant has an annual capacity of 1500 MW (15 x 100 MW or3 x 500 MW) but it will start with the manufacture of only steamturbines upto 100 MW.

- The ABB group has developed many innovative technologies such as SF6technology for circuit breakers Advant open control system (forprocess industries) and direct torque control technology (for variablespeed drives).

- ABB has a joint venture - ABB Alfa Stal Refrigeration - with AlfaLaval for food and non-food refrigeration systems.

- Industry and building systems is being expanded. An engineeringcentre for petrochemical processing and a software centre fordevelopment of automation and control systems are proposed to be setup. The company has a inhouse R&D centre.

- ABB will install paint finishing systems for Volvo India Ltd a 100per cent subsidiary of Swedish automobile giant Volvo for its heavyduty truck manufacturing unit coming up at Hoskote near Bangalore.ABB's contract with Mahindra & Mahindra involves upgradation of thelatter's manufacturing facility at Andhra Pradesh.

- The power purchase agreement (PPA) for the Andhra Pradesh powerproject was signed on March 31 after the Mittals acquired the contractfor the project through participation in the global tender floated bythe Andhra Pradesh State Electricity Board earlier.

- The Confederation of Indian Industry (CII) and Asea Brown Boveri(ABB) have signed a MoU for setting up a total quality managementinstitute. It will provide a range of education and trainingprogrammes on quality aimed at industry service institutions educational bodies and Government agencies.

- The 10 800 No. of equity shares are proposed to be acquired by ABBZurich through ABB South Asia Holdings Limited.

- ABB is setting up a communication link at Korba for the Daewooproject.

- Asea Brown Boveri Limited (ABB) has formed two joint ventures tobuild a new service organisation in ABB Poland to provide the widestscope of service activities for electrical industrial equipment.

- The companies viz. ABB Huta Katowice Services Ltd a 60:40 jointventure between ABB and Huta Katowice and ABB Service Ltd a 65:35joint venture between ABB and Dolnoslaska Spolka Inwestychjna (DSI) isowned by KGHM Polish Copper.

- ABB Oil and Gas Europe BV (Lummus) of the Netherlands part of theZurich-based $35-billion Asea Brown Boveri group intends to set up awholly-owned subsidiary in India to cater to thepetrochemicals/chemicals and other core sector industries in India.

1998

- Electrical engineering giant Asea Brown Boveri (ABB) is increasingits stake to 74 per cent in the joint venture with M P Birla groupcompany Universal Cables.

- ABB has signed an agreement with the Birlas to increase its equity inUniversal ABB Power Cables Ltd. from present 51 per cent and willapproach the Foreign Investment Promotion Board (FIPB) for bringing inthe foreign investment.

- Universal-ABB Power Cables a joint venture between MP Birla groupand ABB set up to manufacture high and extra high voltage (EHV) XLPEpower cables has inaugurated its plant at Satna Madhya Pradesh. Theplant incorporates advanced and fully automated cable manufacturingtechnology.

- Universal ABB Power Cables Ltd a joint venture between the MP Birlagroup and ABB has commissioned its new plant to manufacture high andextra high voltage (EHV) XLPE power cables. The plant the first ofits kind in south Asia incorporates the latest technology in cablemanufacturing called the vertical continuous vulcanisation (VCV)process through an automated 105 metre tall vulcanisation line.

- ABB Ltd the Swiss-Swedish electrical engineering major has pickedup 50 per cent equity stake in the Rs.4 690-crore Korba East powerproject promoted by Daewoo Power a 100 per cent subsidiary of theKorean chaebol.

- Daewoo has taken up another power project in Kol Dam HimachalPradesh in which ABB holds minority stake along with Bechtel andSiemens.

- ABB ABL a member of the Swedish multinational group Asea BrownBoveri is introducing the Ljungstrom rotary air-preheaters to theIndian boiler market under the licence of ABB Air Preheater Inc. (API)USA.

- ABB-AAPL Projects (AAPL) will be merged with the Swedish electricalgiant to dovetail its Indian operations and carry forward ABB's overallrestructuring plan adopted at Zurich in August.

- The company offered a two-stage voluntary retirement scheme (VRS)which reduced manpower from 5 600 to around 3 500.

- Public Sector National Thermal Power Corporation (NTPC) signed amemorandum of understanding with the Swedish conglomerate ABB for theformation of a joint venture for its renovation and modernisationprogrammes to be carried out both within and outside the country.

1999

- In the letters of intent ABB has signed an EPC contract for theVideocon project.

- ABB India shareholders are likely to get one equity share of Rs. 10each in Powerco for every share (Rs. 10) held in ABB and the overallrestructuring package may prove valuable to them in the long term.

- ABB Holdings (South Asia) Ltd has put in a proposal seekinggovernment's approval to buy out Hartmann & Braun's 51 per cent equitystake in CG-Elsag Bailey Ltd.

- ABB Holdings is acquiring 20.40 lakh equity shares having a facevalue of Rs 10 per share in CG-Elsag Bailey.

- ABB company will issue and allot one equity share of Powerco of theface value of Rs 10 each for every one equity of face value of Rs 10each held by the shareholders of ABB.

- ABB acquired a 51 per cent stake in Lenzhom Electric Company aMumbai based engineering servicing firm.

- The company has initiated a marketing agreement with thepublic-sector Indian Oil Corporation (IOC) according to which 50 percent of the offtake from the refinery would be through IOC and thebalance through BPCL.

2000

- The Company launched new 400 kv transformers.

- The Company has announced the introduction of electronic Alpha energymeters for better electricity monitoring in India.

- Crisil has assigned a `P1+' rating to the Rs 100-crore commercialpaper programme of Asea Brown Boveri Ltd.

2001

- The Company a global power company will et up a research anddevelopment base in India for developing products catering to thedomestic and global market.

- ABB decided to consolidate its Indian operations and as the firststep the Swedish conglomerate plans to merge all its Indiansubsidiaries.

-The board of directors of Asea Brown Boveri Ltd India (ABB) hasappointed Mr Ravi Uppal as the Managing Director and Country Manager(for India) with effect from mid-October. Mr Uppal will replace MrK.K.Kaura who has resigned from ABB to pursue other professionalinterests outside the group.

-Asea Brown Boveri Ltd (ABB) has posted a 10.04 per cent increase innet profit at Rs 14.72 crore for third quarter ended September 30 2001.

2002

- Asea Brown Boveri Ltd has informed the Board of Directors of theCompany has appointed the following new Directors:

1 Mr Peter Smits (in the casual vacancy caused on the Board by theresignation of Mr Sune Karlsson) 2 Mr Dinesh Paliwal 3 Mr N S Raghavan4 Mr Nasser Munjee

-The Board of Directors of Asea Brown Boveri Ltd at its meeting held on July 31 2002 redeemed 7 50 000 11% Redeemable Preference Shares of Rs 100 each along with the pro rata dividend thereon.The preference shares had been issued by the company on amalgamation of erstwhile ABB Instrumentation Ltd with the company and were held by ABB Holdings South Asia Ltd.

-Asea Brown Boveri Ltd has informed that Mr B Gururaj has been appointed as Asst Vice President & Company Secretary of Asea Brown Boveri Ltd in place of Mr A S Khandwala who has resigned from services of the company. Board also appointed Mr Gururaj Asst Vice President & Company Secretary as Compliance Officer of the company.

-K N Shenoy to step down as Chairman and member of Board of ABB.

-Asea Brown Boveri Ltd has informed the following changes in the Board of Directors . Mr Peter Smits Director was elected as Chairman in place of Mr Shenoy. Mr Ravi Uppal Managing Director is appointed as Vice Chairman and designated as Vice Chairman & Managing Director. Mr Eric Drewery resigned as a Director of the Company and in his place Mr Peter Leupp was appointed as a Director.Mr Boonkiat Sim was appointed as an Additional Director on the Board of Directors of the Company.

2003

-ABB has been awarded its single largest export order to date valued at Rs.1680millionby PUblic Establishment of Electricity for Generation and Transmission (PEEGT).

-ABB India has divested its air-handling equipment unit in India to Flakt India.

-Mr Ravi Uppal Vice-Chairman and MD ABB India and honorary Chairperson of the Association of Indo-Swedish Companies has been conferred the honourof the Royal Order of the Polar Star.

-ABB Ltd has tied up with Intel Microsoft and Accenture to give shape to what will be the factory of the future.

-ABB Ltd has been awarded major orders for Aluminium and Zinc smeltersworth around Rs.1100million by Sterlite Group.

-ABB Ltd has informed that the company has received on December 2 2003 a certificate of Registration of the Order of CLB confirming transfer of the Registered Office of the Company from the State of Maharashtra to the State of Karnataka. Accordingly the Registered Office of the Company has now been shifted from Mumbai in the State of Maharashtra to Banglore in the State of Karnataka and located at the following address: ABB Ltd 2nd Floor East Wing Khanija Bhavan 49 Race Course Road Banglore 560 001. Telephones:+91 80 2250295 2254543 2254546 Telefax:+91 80 2281103.

2004

-Dinesh Paliwal appointed as Chairman of ABB India

-ABB India gets Asiamoney award for 2003

- ABB introduces new range of wiring accessories including switches regulators and sockets for Indian market

2005

-ABB has won the first major equipment order for 765 kV extra-high voltage (EHV) transformers and shunt reactors from the National Thermal Power Corporation (NTPC) and Power Grid Corporation of India Ltd (PGCIL)

2006

-ABB inks MoU with IIT Delhi

2007

-ABB India wins Rs 186 crore order for integrated power distribution management system.