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ABB eyes India as a potential market for microgrid solutions

ABB eyes India as a potential market for microgrid solutions

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The company today also inaugurated a PowerTEC institute, a digital technology and knowledge”centre that will impart training and learning for current and future power technologies.

Switzerland-based power and automation technology group ABB is looking at India as a potential location”for its microgrid solutions”given the country’s huge requirement”for electrification, and the government’s push for renewable energy, a top executive said.

“We see India as a growth market as far as microgrid is concerned,” Claudio Facchin, president of ABB’s power grids division and member of the group executive committee told reporters today while inaugurating a microgrid solution at its Vadodara facility that will harness solar power and reduce its carbon footprint.

“In emerging markets, it’s firstly about the access to electricity, and reducing certain fuel cost because today from India so many people are not electrified and they run on diesel,” he added.

The company today also inaugurated a PowerTEC institute, a digital technology and knowledge”centre that will impart training and learning for current and future power technologies.

Facchin said the solar energy-driven microgrid at its Vadodara campus reinforces the company’s commitment to clean energy.

“Growth demands power and access to clean, reliable electricity sits at the heart of India’s economic development,” he added.

The Vadodara facility is the company’s largest plant in India, with over 3,000 employees and among ABB’s biggest manufacturing hubs in the world.

According to Sanjeev Sharma, chief executive officer and managing director, ABB India, reliable ,resilient and cost-effective power supply through microgrids is key to achieve Make in India targets, speed up”industrial development and realise the vision of”24×7 power for all.

Source: moneycontrol
Anand Gupta Editor - EQ Int'l Media Network

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