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Business

Hitachi Energy Rises 2.4% After Power Grid Places Order for 765kV Transformers

Dolon Mondal
Last updated: June 27, 2025 11:36 am
Dolon Mondal
Hitachi Energy

Hitachi Energy is back in the spotlight, gaining 2.4% after landing a massive transformer order from the Power Grid Corporation of India. The order is for 765kV Ultra High Voltage (UHV) transformers, and it signals a big leap for India’s power infrastructure.

India is on a mission to create a cleaner, greener power grid. This includes using more renewable energy, electrifying transport, and modernizing the electricity network. As the country moves toward this energy shift, demand for large, reliable transformers is soaring. In fact, the market for power transformers has grown at a 15% CAGR over the past two years.

That’s where Hitachi Energy steps in.

The new 765kV transformers are not just powerful—they’re built for the future. These high-capacity units will help move electricity more efficiently over long distances. That means less energy loss and lower operating costs, making electricity cheaper and more reliable for everyday users. Once operational, each transformer can help power nearly 30 million Indian homes.

What’s more, higher voltage transmission reduces the number of lines needed, saving land and construction costs. It’s smart, efficient, and sustainable.

Also Read Price Correction Fails to Lift Indian Gold Demand; Watch China, Singapore for Cues

These cutting-edge transformers will be made locally at Hitachi Energy India’s plant in Maneja, Vadodara. This shows the company’s strong push for Make in India and supports the country’s goal of becoming self-reliant in power tech.

Globally, Hitachi Energy is also setting records. The firm recently tested the world’s first 765kV / 400kV single-phase, 250 MVA transformer filled with natural ester. This eco-friendly liquid is biodegradable and much safer in case of fire, a big plus for high-voltage systems.

Hitachi Energy India isn’t just about hardware. The company offers complete solutions—products, systems, software, and services—across the entire electricity value chain. From grid automation to power quality products, their footprint runs deep.

Power Grid Corporation of India, the buyer, is no small player. A Maharatna company under the Ministry of Power, it’s the backbone of India’s power transmission network. The government owns over 51% of the company. Its stock also edged up 0.57% to ₹292.10 on the BSE.

This deal reflects a global trend. Power companies are moving away from short-term fixes and toward long-term planning. And with projects like this, India is on track to build a flexible and secure grid that can meet tomorrow’s energy needs.

Also Read Western Carriers Rises 3% After Securing ₹230 Cr Order from Jindal Stainless

TAGGED:Hitachi EnergyMake in IndiaPower GridVadodara
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