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Hitachi Energy India invests ₹300 crore to double Mysuru facility capacity

September 1, 2025 at 06:49 AM UTCBy FilingReader AI

Hitachi Energy India Limited announced an investment of ₹300 crore to expand its manufacturing facility in Mysuru, Karnataka. The expansion aims to double the facility's capacity for producing EHV class high-quality pressboard and laminated board, crucial insulation materials for transformers. A key feature of this expansion is the replacement of the fossil fuel boiler, making the Mysuru site an ultra-low carbon pressboard facility with the company's first fossil-free production line.

This ₹300 crore investment is part of Hitachi Energy India's larger ₹2,000 crore India investment plan, spanning four to five years, as announced in October 2024. The project is expected to be completed by mid-2027, addressing the growing demand for electricity and high-quality transformer insulation materials in India and global markets such as the UAE, Oman, Kuwait, Saudi Arabia, Turkey, Indonesia, South Korea, and South Africa.

The expansion will bolster India's energy manufacturing ecosystem, ensuring reliable supply chains and supporting the transition to renewables. It directly tackles the existing gap between the demand and availability of transformers and components both domestically and internationally.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:POWERINDIABombay Stock Exchange

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