
Hitachi Energy India Ltd announced on Tuesday, June 25, that it has secured an order worth ₹790 crore from Hitachi Energy Australia Pvt Ltd. The order is for supplying equipment for the Marinus Link project.
The Marinus Link is a high voltage direct current (HVDC) project that will connect Tasmania and Victoria via voltage source converter (VSC) technology. Hitachi Energy India will provide equipment for the Burnie Converter Station and the Latrobe Valley Converter Station as part of this project.
The order, which is to be executed over four years, will involve the supply of HVDC Light VSC stations. Some of the equipment will be manufactured at Hitachi Energy’s factory in India, according to a stock exchange filing.
This project marks a significant step for Hitachi Energy India as it continues to expand its footprint in the global energy market.