Hitachi Energy to Invest INR 2000 Crore in New Large Power Transformer Factory in Vadodara

Hitachi Energy to Invest INR 2000 Crore in New Large Power Transformer Factory in Vadodara​

Hitachi Energy India Limited is investing approximately INR 2000 crore to establish a state-of-the-art Large Power Transformer (LPT) factory in Karjan, Vadodara. This significant investment reinforces the company's commitment to strengthening its manufacturing footprint in India and supporting the country's growing energy transition goals.

The establishment of the new facility is aimed at meeting the rising demand for high-quality power equipment driven by grid expansion, data centers, and industrial electrification across the nation. The project builds upon Hitachi Energy’s 77-year history in India and aligns with national initiatives promoting local manufacturing and supply chain development.

According to a report by the Central Electricity Authority, there is a critical need for transmission infrastructure investments totaling INR 7.93 lakh crore to integrate over 900 gigawatts (GW) of non-fossil fuel-based energy by 2035 in India. The LPT factory in Vadodara is expected to play a key role in satisfying this demand for reliable power equipment.

The new facility will complement Hitachi Energy India Limited’s existing operations, which include power and dry distribution transformer factories in Gujarat state, alongside insulation and components factories located in Mysore and Halol. Scheduled for completion in FY28, the factory will manufacture significant volumes of power transformers annually to facilitate faster delivery of mission-critical grid equipment.

Once operational, the products from the Vadodara facility will support diverse applications such as high-voltage transmission, HVDC systems, power generation plants, AI data centers, and large-scale industrial uses.

N Venu, Managing Director & CEO of Hitachi Energy India Ltd., stated that this investment reflects confidence in India's energy future and its growing stature as a strategic manufacturing base. He noted that by expanding its manufacturing presence, the company aims to empower local communities, create skilled jobs, and deliver innovative solutions aligned with national sustainability goals.

The Vadodara factory is planned as a LEED-certified site, focusing on advanced technologies, energy efficiency, responsible resource use, and reduced environmental impact. It will be fully digital, integrating smart manufacturing technologies for data-driven operations, enhanced quality, and consistent high-performance delivery.

Bruno Melles, CEO of the Transformers Business Unit at Hitachi Energy, commented that India represents one of the fastest-growing energy markets globally. The new factory will enhance the company's local service capability while contributing to the nation’s infrastructure development and self-reliance.

The project is anticipated to create more than 1,000 direct and indirect jobs, supporting both local economic development and skills advancement. This expansion forms part of Hitachi Energy’s global investment program intended to meet unprecedented electricity demand as the world strives toward a secure, affordable, and sustainable electrified system. The new factory also continues Hitachi Energy's broader contribution to India's complex energy infrastructure, following recent milestones like commissioning one of the world's largest urban HVDC city center in-feeds in Mumbai.

POWERINDIA Stock Price Movement​

Shares of Hitachi Energy India Limited are gaining sharply in live trading as of 11:01 AM, moving up 2.83% to trade at ₹34190. The stock has seen a volatile session so far today, with the equity fluctuating within a range between ₹33845 and ₹34435.