Hitachi Energy bags power transformers supply order from NTPC Renewable

20 Oct 2022 , 09:17 AM

Hitachi Energy India Limited has secured a contract by NTPC Renewable Energy Limited (NTPC REL) 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 increasing green energy footprint. NTPC REL is a wholly owned subsidiary of the power giant, NTPC LTD.

As part of this project, Hitachi Energy will provide ten (10) nos. 315 MVA 400/33/33 kV transformers manufactured at its Transformers factory in Vadodara. This will be the largest rating of transformer, used by solar power evacuation so far.

“The transition from fossil fuels to renewables has only just begun and we are proud to be part of this ambitious project by NTPC Renewable Energy Limited,” said N Venu, Managing Director and CEO, India and South Asia, Hitachi Energy. “Hitachi Energy is championing the urgency of the energy transition by pioneering technologies to help accelerate a carbon-neutral future.”

The transformers are manufactured using fossil-free electricity in Hitachi Energy’s factory in Maneja. Last year, Hitachi Energy had set targets in its Sustainability 2030 plan to become 100 percent fossil-free electricity in its own operations hitting the target in December 2021.

At around 9:17 AM, Hitachi Energy was trading at Rs3300.85 per share lower by 0.85% on the BSE.

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