Power Grid Corporation of India Ltd (POWERGRID) has awarded the consortium of Hitachi Energy India Limited and Bharat Heavy Electricals Limited (BHEL) to design and execute the high voltage direct current (HVDC) link to transmit renewable energy from Khavda in Gujarat to the industrial center of Nagpur in Maharashtra.
The ±800 kV, 6,000 MW bi-pole and bi-directional HVDC link is part of the transmission system to transfer power from the potential renewable energy zone in the Khavda area of Gujarat under Phase-V (8 GW): Part A, which was awarded to POWERGRID on tariff-based competitive bidding (TBCB) basis. This project crosses 1,200-kilometer (km) and feeds into the country's 500-gigawatt (GW) renewable evacuation and interstate transmission system.
"I'm honored that Hitachi Energy is contributing its HVDC technology to help India's shift towards cleaner energy to integrate bulk renewables from where they are generated to high consumption centers," said Niklas Persson, Managing Director of Hitachi Energy´s global Grid Integration business. "Our solutions will support the development of India's power infrastructure with the speed and scale required to fulfill critical 2030 commitments."
"Hitachi Energy takes pride in being a catalyst in the nation's energy system evolution and this project will leverage our pioneering HVDC technology that we now make in India," said N Venu, MD & CEO, Hitachi Energy India Ltd. "HVDC technology is the most efficient and economical way to transmit clean energy over long distances, with the flexibility of two-way flow, thus making it a core technology in India's ambition to have a strong and responsive grid for renewable energy."
This year marks the 70th anniversary of HVDC technology, a transformative force that has revolutionized power transmission and enabled the integration of renewable energy on a global scale. Today, more than half the HVDC links commissioned in India - some of which have been delivering value for over three decades - use Hitachi Energy advanced technologies.
As India accelerates towards its Net Zero ambition and grids rapidly expand, power electronics solutions, including HVDC, play an essential role in integrating bulk renewable energy, decarbonizing power systems, and enhancing grid resilience and flexibility. With the rising demand for renewable energy, power electronics, such as STATCOM, Enhanced-STATCOM and energy storage solutions, coupled with interconnectors between regions and countries, ensure grid security and reliability as both system voltage and frequency are effectively stabilized in varying weather conditions.
The scope of the project includes converter transformers, AC/DC control and protection, gas-insulated high-voltage switchgear, thyristor valves, 765kV/400kV substation and auxiliary systems to be delivered by Hitachi Energy India Ltd along with its consortium partner BHEL, a leading Indian public sector company.
This project demonstrates Hitachi Energy's sustained commitment to "Make in India" efforts. In 2023, Hitachi Energy inaugurated a new advanced power systems factory in Chennai to support the acceleration of the energy transition, enabling the company to increase its production capacity. The new factory serves both the fast-growing Indian market and the large global demand for clean energy solutions as well as it caters to the rising number of HVDC projects in India and export to support global HVDC installations.
Shares of Hitachi Energy India Limited was last trading in BSE at Rs. 12327.45 as compared to the previous close of Rs. 11664.85. The total number of shares traded during the day was 11822 in over 2963 trades.
The stock hit an intraday high of Rs. 12812.00 and intraday low of 12228.65. The net turnover during the day was Rs. 148014023.00. |
