
Hitachi Energy India Ltd.
Hitachi Energy India
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NSE
BSE
Electricals
Small-cap - With a market cap of ₹983.64 Cr.
No Subsidiaries Data available
Hitachi Energy India Limited is the Indian subsidiary of the Zurich-headquartered Hitachi Energy Ltd, and is committed to driving India’s energy transition ambitions by advancing a sustainable energy future for all. The Company’s technological innovations are supporting initiatives towards ‘One Sun, One World, One Grid’; the seamless integration of renewables at scale across multiple projects, while adopting digitalization. The company is a trusted technology partner for modern energy infrastructure. With innovative technologies and services, the Company helps make the energy value chain more efficient, making electricity more accessible to all. The company engages in meaningful partnerships across sectors including utility, renewables, industry, transport and infrastructure, with a key focus on building truly sustainable power infrastructure. These diverse partnerships are aimed at creating innovative pathways for the customers and other partners with an objective of making today’s power systems strong enough to support a carbon-neutral future.
Its business provides pathways to accelerate the energy transition and deliver customer success. The company is a global leader in power technologies and energy systems. Customers across the utilities, transportation, IT such as data centers, industry and Smart Life sectors trust it to deliver pioneering and digital solutions across the value chain. Its solutions help meet the growing demand for electricity – affordably, reliably, sustainably, and in a modern way. To deliver maximum value, the company organized its operations around five global Business Units and have local offices and research centers spanning 60 countries. This highly networked design enables its experts to stay close to customers, fostering a strong awareness and knowledge of local market operating conditions. The company connects the latest pioneering developments and solutions through the competence and reference points of its global Business Units. Hitachi Energy (formerly known as ABB Power Products & Systems India) operates in India as Hitachi Energy India.
In 2020, Hitachi and ABB’s Power Grids’ business came together in a joint venture to form Hitachi ABB Power Grids. By combining ABB’s world-class power grids solutions with Hitachi’s advanced digital technologies, the new company uniquely positioned itself as a market and technology leader, with an active role in the global energy transition and the decarbonization of energy systems. A year later, after the formal registration of Hitachi Energy Ltd., its evolution to Hitachi Energy was announced, reflecting the rapidly evolving energy landscape and the opportunity to inspire the next era of sustainable energy. On December 28, 2022, ABB divested its remaining equity stake in the joint venture, and Hitachi Energy fully transitioned under Hitachi Ltd.
Business area of the company
The Company is engaged in the business relating to products, projects and services for electricity transmission and related activities. These activities of the company are reviewed regularly by the chief operating decision maker from an overall business perspective, rather than reviewing its products/services as individual standalone components and therefore subject to the same risk and reward and accordingly falls within single business segment. The company is a global technology leader in electrification, powering a sustainable energy future with innovative power grid technologies with digital at the core. With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, the company is addressing the most urgent energy challenge of current time - balancing soaring electricity demand, while decarbonizing the power system.
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