Siemens has bagged a contract from Power Grid Corporation to modernise the country's first and oldest 500-mw high voltage direct current (HVDC) link in Madhya Pradesh.

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The HVDC back-to-back system was put into operation in 1989 to interconnect the asynchronous 400 kV alternating current networks of the Northern and Western regions.

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By installing the latest HVDC components Siemens will extend the useful life of the system. This will be the first Siemens HVDC modernisation project in the country and the key components for the upgrade will be delivered from its Goa plant, the company said Tuesday.