Hitachi Energy India Limited has received orders worth more than Rs 1.6 billion for key electric components to help electrify the country’s rail lines. By 2023, Indian Railways intends to have fully electrified all broad-gauge railways. In the period October-December 2021, the government of India’s electric locomotive manufacturers, Chittaranjan Locomotive Works (CLW) and Diesel Loco Modernisation Works (DMW), both part of Indian Railways, placed orders with Hitachi Energy for traction transformers for passenger and freight locomotives.
Rail electrification is a crucial component of India’s objective of delivering net zero carbon emissions. India reaffirmed its commitment to switching to electricity for transportation and reducing its carbon intensity by 45 per cent by 2030 at the recent United Nations climate change conference. The efforts of the Indian Railways to electrify all routes by 2023 are vital to meet these objectives.
Hitachi Energy headquartered in Switzerland, employs around 38,000 people in 90 countries and generates business volumes of approximately $10 billion. In India, Hitachi Energy operates under the legal entity name Hitachi Energy India Limited, formerly known as ABB Power Products and Systems India Limited, and is listed on the National Stock Exchange of India Limited and BSE Limited as POWERINDIA.
