India, June 12 -- Hitachi Energy India Ltd. has announced an investment of approximately Rs 2,000 crore to establish a new Large Power Transformer (LPT) manufacturing facility in Karjan, significantly expanding its manufacturing footprint in India.
The new facility is aimed at meeting the rapidly growing demand for power transmission equipment driven by grid expansion, renewable energy integration, data centers, and industrial electrification. According to the Central Electricity Authority, India is expected to require investments of nearly Rs 7.93 lakh crore in transmission infrastructure to integrate over 900 GW of non-fossil fuel-based energy capacity by 2035.
Scheduled for completion in FY28, the state-of-the-art factory will manufact...