MoneyWorks4Me

Hitachi Energy India has informed that Hitachi Energy India, (the Company) has received an order valued approximately INR 790 Crores from Hitachi Energy Australia, a fellow subsidiary of the Company towards execution of Project -Marinus Link -Voltage Source Converter (VSC) High Voltage Direct Current (HVDC) links between Tasmania and Victoria for supply of certain equipment for execution of the project - Burnie Converter Station and Latrobe Valley Converter Station. The order is scheduled to be executed over a period of four (4) years. Marinus Link Pty selected Hitachi Energy to supply a HVDC project in Australia. Hitachi Energy will supply its HVDC Light VSC stations for the project. Delivery of certain equipment will be executed from the Company’s factory in India. Marinus Link is a project of national significance for Australia. It will play a fundamental role in Australia’s energy ecosystem, and the Company will play a crucial role in supporting it.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Waaree Energies 2341.00
Apar Industries 14355.15
Havells India 1032.00
Suzlon Energy 37.40
Siemens 3250.00
View more..