Karnataka CM Bommai Inaugurates Hitachi Energy's New Power Quality Products Manufacturing Facility In Bengaluru
Karnataka Chief Minister Basavaraj Bommai on Tuesday (23 August) inaugurate Hitachi Energy's new and larger power quality products manufacturing facility in Doddaballapur, Bengaluru.
As a part of Hitachi Energy’s global manufacturing network, this facility will offer direct and indirect employment and nurture an ecosystem of local suppliers across the manufacturing value chain, the company said in a statement.
“Karnataka is a leading contributor to India’s industrial ambitions. With long term committed partners such as Hitachi Energy, we continue to invest to make the state a global manufacturing hub,” said CM Bommai.
“I congratulate Hitachi Energy for the inauguration of this world-class Power Quality Product factory and look forward to their inclusive growth journey," he added.
Hitachi Energy CEO Claudio Facchin, who was also present on the occasion, said “We have a rich heritage and extensive footprint in this country and this new manufacturing unit for power quality solutions reinforces our commitment to facilitate India’s energy transition to net-zero".
“It also supports the Make in India initiative and strengthens our long-standing presence in Karnataka as we look forward to collaborating across stakeholders for the success of our shared vision,” he added.
The company said that manufacturing of electrical equipment is an energy intensive process.
Keeping sustainability goals in mind, the company has adopted some innovative processes for the factory that reduce electrical energy consumption per process step by almost 40 percent, according to the statement.
The new manufacturing facility doubles the existing capacity to produce advanced capacitor units, banks and power electronic compensators for low, medium and high-voltage systems, which are used in the power utilities, industries, renewables and transportation segments.
Power quality products play an important role in improving power stability by enabling increased capacity and reduced energy losses, the company said.
According to the International Energy Agency (IEA), the energy demand in India is set to double over next 20 years driven by urbanization and industrialization.
“The power quality products and solutions manufactured at the new factory in Doddaballapur will help reduce energy loss, thereby reducing carbon footprint while meeting the expanding demand,” N Venu, Managing Director and CEO, India and South Asia, Hitachi Energy, said in a statement.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.