Hitachi ABB Power Grids bets on growth in RE, discoms’ privatisation
Power technology major Hitachi ABB Power Grids is betting on growth in renewable energy (RE) in India and evacuation of the same. The company registered a 200 per cent year-on-year growth in the renewables segment with about 8.5 GW of cumulative solar orders from major energy companies.
Speaking with Business Standard, N Venu, managing director-India, Hitachi ABB Power Grids, said the pipeline for renewable projects remains healthy.
“We have seen good activity in solar and wind and have been able to get transformer and sub-station orders from large players in the renewables segment from different parts of India.
