Brazilian company to invest 6 million euros in the project
February 9, 2010 – Telvent (NASDAQ: TLVT), the IT company for a sustainable and secure world, announced today that the company has been selected by the Brazilian company, Metro Rio to implement a new Energy Remote Control for the supervision and control of 61 substations and 34 stations of subway Lines 1 and 2.
Implementation of this new system is part of the ambitious project XXI Century Subway (“Metro del siglo XXI”) of Metro Rio. The project includes the purchase of new trains allowing Metro Rio to double the current capacity of the underground, and transport more than 1.1 million passengers per day; as well as modernizing and implementing new stations. In addition, the operation’s energy supply will be reinforced with two new substations and the Operation Control Center, where daily operation is managed, will be upgraded.
Telvent will provide a turn-key solution that includes installation and implementation of infrastructure for monitoring the equipments located in the stations and substations. Telvent SCADA OASyS supervisory control and data acquisition system will be implemented in the main control center, and in all the local control centers at every passenger station. Included is a Wi-Fi network for hand-held access for energy supply and auxiliary systems supervision and control.
According to Telvent Chairman and CEO, Manuel Sanchez, “We are proud to participate in projects that not only offer viable solutions for citizens, but also promote public transportation and energy management as a sustainable alternative for major cities.”
This project reinforces Telvent’s position as the resource for basic city infrastructure projects in the transportation and energy industries.
Telvent (NASDAQ: TLVT) is a global IT solutions and business information services provider that improves the efficiency and reliability of the world’s premier organizations. The company serves markets critical to the sustainability of the planet, including the energy, transportation, agriculture, and environmental sectors. (www.telvent.com)
About Metro Rio
Concessão Metroviária do Rio de Janeiro S.A acquired in 1998 the right to operate the subway service in Rio de Janeiro until 2038. The concessionaire has under its control the management, operation, maintenance and expansion of certain parts the subway network and acquiring new trains for Metro Rio
The Company provides complete solutions for urban displacement based in harmony and integration of products and services, providing pleasant experiences which exceed the expectations of its customers, employees and society. Aiming to be a major player in the international segment of urban transport, admired and respected by society and its team. (www.metrorio.com.br)