Power technology major Hitachi ABB Power Grids is betting on growth in renewable energy (RE) in India and evacuation of the same. The company registered a 200 per cent year-on-year growth in the renewables segment with about 8.5 GW of cumulative solar orders from major energy companies.
Speaking with Business Standard, N Venu, managing director-India, Hitachi ABB Power Grids, said the pipeline for renewable projects remains healthy.
“We have seen good activity in solar and wind and have been able to get transformer and sub-station orders from large players in the renewables segment from different parts of India. Our offerings