In Short : Hitachi Energy will invest ₹300 crore to expand its Mysuru facility, boosting manufacturing capacity for transformers and advanced power equipment. The expansion will cater to both domestic and global markets, supporting India’s growing power demand. The move aligns with the nation’s goals of grid modernization, renewable integration, and strengthening sustainable energy infrastructure […]
Power Transmission – India’s Energy Transition Enabler; Initiate Power Grid, Hitachi Energy with Buys – EQ
Power Transmission – India’s Energy Transition Enabler; Initiate Power Grid, Hitachi Energy with Buys For more information please see below link:
Hitachi Energy India plans Rs 2,000 crore investment in energy projects – EQ
In Short : Hitachi Energy India plans to invest Rs 2,000 crore in energy projects aimed at enhancing the country’s infrastructure and sustainability. This investment will focus on developing innovative solutions in renewable energy, grid modernization, and energy management, reinforcing Hitachi’s commitment to supporting India’s transition to a more sustainable energy future while bolstering economic […]
Hitachi Energy Q4 Results | Net profit zooms 124%, dividend of ₹4 declared – EQ
In Short : Hitachi Energy’s Q4 results show a 124% increase in net profit, and the company has declared a ₹4 dividend. This strong financial performance reflects significant growth and profitability for the company. In Detail : In the quarter ended March 31, 2024, orders totalled ₹1,406.7 crore, up 13.9% quarter-on-quarter and 11.5% year-on-year. Shares […]
Hitachi Energy eyes expansion in India amid rising power demand – EQ
In Short : “Hitachi Energy sets sights on expansion in India amidst increasing power demand, signaling a commitment to bolstering infrastructure and supporting the nation’s growing energy needs.” In Detail : HYDERABAD : Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a […]
Hitachi Energy wins order from Ayana Renewable to provide grid – EQ
Bengaluru : Hitachi Energy India Limited (Hitachi Energy) has won a contract from Ayana Renewable Power one of the leading Independent Power Producers in the country to provide a grid connection solution for their upcoming 300-megawatt (MW) solar photovoltaic power plant in Bikaner, Rajasthan. Hitachi Energy has been working closely with Ayana Renewables for this […]
Hitachi Energy bags power transformers supply contract from NTPC Renewable – EQ Mag Pro
Hitachi Energy India said that it has been awarded a contract by NTPC Renewable Energy to supply power transformers for their upcoming 4.75 GW renewable energy park in Gujarat, which is part of India’s largest solar park. Spread over 72,600 hectares in Kutch, this solar park supports the country’s efforts towards carbon-neutral future with its […]
Hitachi Energy is ahead of schedule with its purpose-driven growth plan – EQ Mag Pro
Hitachi announced acquisition of remaining shares from ABB ahead of schedule further supporting Hitachi Energy’s 2030 Plan Zurich, Switzerland : Hitachi Energy Ltd (“Hitachi Energy”) today announced that Hitachi, Ltd. (TSE: 6501, “Hitachi”) has signed a share transfer agreement for the remaining 19.9% shares from ABB Ltd (SIX: ABBBN, “ABB”), pursuant to the acquisition agreement […]
Hitachi Energy inaugurates first of its kind transformer components factory in India – EQ Mag Pro
The new low environmental impact production for dry bushings in Vadodara reflects Hitachi Energy’s commitment to accelerate reliable power in the Indian grid. Bangalore : Hitachi Energy India Ltd. today inaugurated its new transformer components factory in Vadodara, Gujarat. Located in its largest manufacturing location in India, this factory will produce dry bushings with the […]
Hitachi Energy launches OceaniQ™ – innovative solutions for the offshore environment – EQ Mag Pro
The company’s recently launched transformers for floating applications are the first entry into the OceaniQ™ portfolio of solutions that address the unique challenges of the offshore environment. India : Hitachi Energy today launched its OceaniQ™ portfolio1 for the offshore energy environment, which will be showcased this week at the annual WindEurope event in Bilbao, Spain. […]