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ABB CEO meets with Prime Minister to discuss e-mobility, renewables and energy efficiency

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Capital Market
Last Updated : Sep 08 2018 | 5:04 PM IST
ABB CEO Ulrich Spiesshofer met with India's Prime Minister, Narendra Modi, in New Delhi during the MOVE Summit on 7 September 2018. Spiesshofer's talks with the Prime Minister focused on how ABB can support the government's renewable energy targets, and accelerate public transportation's transition to electric power.

Spiesshofer's meeting with the Prime Minister comes at a time when India has set an ambitious target of producing 227 GW of renewable energy by 2022, and has launched an initiative to electrically power majority of its public transport vehicles. India is also investing to make its power grid more resilient in the face of growing demand.

In India, ABB is the only company with capabilities spanning the entire electricity value chain, from grid infrastructure, to automation and power management, to electrification, including electric vehicle charging. ABB is a digital leader at the forefront of the Energy and Fourth Industrial Revolutions and has been a leader in electrification and e-mobility for well over a century.

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First Published: Sep 08 2018 | 4:25 PM IST

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