Hitachi Energy India Limited announced plans to invest ₹2,000 crore over the next four to five years as part of its strategic growth plan to expand capacity, portfolio, and talent base in India. The investment is aimed at supporting India’s energy transition, as the country is on its way to becoming the third largest economy globally.
Hitachi Energy, which has played a pivotal role in the country’s energy projects since 1949, is hosting a two-day symposium, Energy & Digital World 75 (EDW75), to commemorate its 75 years in India. The event will be inaugurated by prominent figures such as Amitabh Kant, India’s G20 Sherpa, and Andreas Schierenbeck, Global CEO of Hitachi Energy. The symposium will showcase technologies and discussions toward advancing India’s Net-Zero journey.
Key highlights of the investments include:
- Expanding the capacity of the large power transformers factory.
- Upgrading testing capabilities for specialty transformers.
- Relocating the bushings factory to support transmission projects.
- Boosting the capacity of the traction transformers factory to modernize the Indian railway network.
- Expanding the network control solutions and developing localized solutions such as Grid eXpand and Grid eMotion.
- Introducing the REF650, a medium-voltage protection and control relay, to the Indian market.
Andreas Schierenbeck, Global CEO of Hitachi Energy, emphasized the importance of this investment, stating, “As the energy transition gathers pace with increased electrification and integration of renewables, power grids are becoming increasingly significant both from a capacity and complexity perspective. We remain focused on advancing a sustainable energy future for all.”
N Venu, Managing Director and CEO of Hitachi Energy India, added, “These investments anticipate India’s future energy requirement – to accelerate new energy transition and sustainable electrification.”
Hitachi Energy will also present cutting-edge solutions such as the SF6-free 420-kilovolt gas-insulated switchgear from its EconiQ™ portfolio and launch the Grid-eMotion® portfolio, which will contribute to the electric vehicle charging ecosystem in India. The company remains committed to supporting India’s net-zero ambitions through these innovative technologies.
