POWERINDIANSEHitachi Energy India LimitedLowNeutral
Announced Thu, 26 Jun · 15:45 IST

Hitachi Energy India Limited has informed the Exchange regarding a press release dated Jun 26, 2025, titled "Hitachi Energy India to deliver 765 kV transformers to Power GridCorporation of India Limited to advance country s grid expansion".

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hitachi Energy India has received an order from Power Grid Corporation of India (POWERGRID) to supply 30 units of 765 kV 500 MVA single-phase transformers. The transformers will be manufactured at the company's power transformer factory in Maneja, Vadodara, Gujarat, with delivery aligned to POWERGRID's transmission network build-out plans. The order supports India's energy transition and grid expansion, as the country has seen a 15% per year rise in power transformer demand over the last two years. Each 765 kV transformer can transmit power equivalent to the average consumption of 30 million Indian households. The company also highlighted a recent global breakthrough: successful testing of the world's first 765 kV/400 kV 250 MVA natural ester-filled oil transformer.

Likely market impact

This is a positive order win from a strong, government-backed client (POWERGRID), reinforcing Hitachi Energy India's position as a leading domestic transformer manufacturer. It should support revenue visibility in the short-to-medium term and reflects robust underlying demand driven by India's grid expansion and renewable energy push.