Deals25 Jun 2024, 04:34 pm
Hitachi Energy India Receives INR 790 Crores Order from Hitachi Energy Australia for Marinus Link Project
AI Summary
Hitachi Energy India Ltd has received an order valued approximately INR 790 Crores from Hitachi Energy Australia Pty Ltd for the execution of the Marinus Link - Voltage Source Converter (VSC) High Voltage Direct Current (HVDC) links between Tasmania and Victoria. The order involves the supply of certain equipment for the Burnie Converter Station and Latrobe Valley Converter Station and is scheduled to be executed over a period of four years. The project, Marinus Link, is a project of national significance for Australia and Hitachi Energy India will play a crucial role in supporting it.
Key Highlights
- Hitachi Energy India received an order worth INR 790 Crores from Hitachi Energy Australia for the Marinus Link project.
- The order involves the supply of equipment for the Burnie Converter Station and Latrobe Valley Converter Station.
- The project is a national significance for Australia and Hitachi Energy India will play a crucial role in supporting it.
- The order is scheduled to be executed over a period of four years.
- The supply of certain equipment will be executed from the Company’s factory in India.