Hitachi Energy bags order worth Rs 160 cr to support electrification of rail routes

Hitachi Energy bags order worth Rs 160 cr to support electrification of rail routes

AgenciesUpdated: Wednesday, January 19, 2022, 05:15 PM IST
article-image
N Venu, Managing Director and CEO, Hitachi Energy India stated that electricity will be the backbone of the entire energy system. | Photo: Representative Image

Hitachi Energy India stated that it has bagged orders of over Rs 160 crore to provide key electric components to support the electrification of rail routes in the country.

The government's electric locomotive manufacturers Chittaranjan Locomotive Works (CLW) and Diesel Loco Modernisation Works (DMW), part of Indian Railways, placed orders with Hitachi Energy for traction transformers for passenger and freight locomotives in October-December 2021, the company said.

N Venu, Managing Director and CEO, Hitachi Energy India stated that electricity will be the backbone of the entire energy system.

"At Hitachi Energy, we are committed to the accelerated electrification and decarbonisation of the world's transportation and rail sectors,” said Venu.

(With inputs from PTI)

RECENT STORIES

Ola Electric Enters Home Energy Space, Launches ‘Ola शक्ति’ Battery For Homes, Farms &...

Ola Electric Enters Home Energy Space, Launches ‘Ola शक्ति’ Battery For Homes, Farms &...

Sensex Recovers 1,100 Pts From Day’s Low, Closes Up 302 Pts; Nifty Ends At 25,790 Ahead Of Budget...

Sensex Recovers 1,100 Pts From Day’s Low, Closes Up 302 Pts; Nifty Ends At 25,790 Ahead Of Budget...

EaseMyTrip Nears 52-Week Low, Stock Recovers From Day’s Bottom

EaseMyTrip Nears 52-Week Low, Stock Recovers From Day’s Bottom

Sensex Rebounds Sharply After Intraday Slump, Nifty50 Crosses 25,700 Amid US-India Trade Hopes

Sensex Rebounds Sharply After Intraday Slump, Nifty50 Crosses 25,700 Amid US-India Trade Hopes

Blue Dart Maps India’s 2025 Delivery Boom, Logs 2 Billion Km Road Haul & 47 Million Secure Parcels

Blue Dart Maps India’s 2025 Delivery Boom, Logs 2 Billion Km Road Haul & 47 Million Secure Parcels