A Historic Milestone
New Delhi, India, Oct. 7, 2024 – Hitachi Energy is celebrating 75 years of contributing to India’s energy development. The company has been part of major national projects since 1949. It is committed to helping India transition to a sustainable energy future.
To honor this milestone, Hitachi Energy is hosting a two-day event. It is called Energy & Digital World 75 (EDW75) and takes place on October 7 and 8 in New Delhi. The event features discussions on technology and solutions that support India’s Net-Zero goals.
Major Investment Plans
Hitachi Energy is committed to India. The company will invest around INR 2,000 crores over the next four to five years. This investment aims to enhance the company’s capabilities, expand its product offerings, and build a skilled workforce.
Andreas Schierenbeck, Global CEO of Hitachi Energy, emphasized the importance of collaboration in tackling energy challenges. “We are focused on creating a sustainable energy future, and India is a key market in this endeavor,” he stated.
Expanding Manufacturing Capacity
Hitachi Energy’s investment will significantly boost its manufacturing capabilities. Key highlights include:
- Expansion of the large power transformers factory.
- Upgraded testing facilities for specialty transformers.
- Enhanced capacity for traction transformers to support India’s railway modernization.
The company is working on developing localized solutions. These include Grid eXpand and Grid eMotion. They aim to meet India’s future energy needs.
Technological Innovations at EDW75
At the EDW75 event, Hitachi Energy will showcase innovative technologies, including:
- The world’s first SF6-free 420-kilovolt gas-insulated switchgear, which aims to reduce greenhouse gas emissions.
- The Grid-eMotion portfolio for electric vehicle charging, promoting sustainable mobility solutions.
These advancements are vital for accelerating India’s journey toward its Net-Zero targets.
About Hitachi Energy
Hitachi Energy is a leading global technology company dedicated to advancing a sustainable energy future. With operations in over 140 countries, it collaborates with customers across various sectors, including utilities, transportation, and infrastructure. The company aims to make the energy system more efficient and accessible. It generates around $13 billion USD in business volumes annually.
Hitachi Energy India operates as Hitachi Energy India Limited. It is listed on the National Stock Exchange of India and the Bombay Stock Exchange.
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