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Hitachi Energy India Limited has unveiled a substantial investment plan of approximately ?2,000 crore over the next four to five years, as it marks 75 years of operations in India. The company aims to expand its capacity, portfolio, and talent base to drive sustainable energy solutions throughout the country.
This investment will focus on several key areas, including expanding its large power transformers factory, enhancing testing capabilities for specialty transformers, and relocating its bushings factory. Additionally, Hitachi Energy plans to increase the capacity of its traction transformers factory to support the modernization of India’s railway network.
The company also intends to introduce new products to the Indian market, such as the REF650 medium voltage protection and control relay, while expanding its offerings in network control solutions.
The announcement was made during the company’s two-day technology symposium, Energy & Digital World 75 (EDW75), taking place in New Delhi. The event, inaugurated by India’s G20 Sherpa Amitabh Kant alongside Hitachi Energy’s global and local leadership, aims to showcase innovative technologies that support India’s Net-Zero journey.
This investment aligns with Hitachi Energy’s 2030 strategic growth plan and underscores its commitment to advancing India’s energy transition and sustainable electrification initiatives. |
