Hitachi Energy India announces ₹300 crore investment to expand insulation and components facility in Mysuru

Hitachi Energy
Image Courtesy: Hitachi Energy

Hitachi Energy India Ltd today announced an investment of ₹300 crore to expand its insulation and components manufacturing facility in Mysuru, Karnataka. The expansion will double the plant’s capacity to produce EHV-class pressboard and laminated board, key insulation materials for power and distribution transformers.

As part of the project, Hitachi Energy India will also replace the existing fossil fuel boiler with a sustainable alternative, making the Mysuru site the world’s first ultra-low carbon pressboard facility. This investment forms a part of the company’s ₹2,000 crore India investment plan announced in October 2024, which will be implemented over the next four to five years.

Commenting on the expansion, N Venu, Managing Director & CEO, Hitachi Energy India, said:
“With this expansion, we are supporting India’s growing power grid and renewable energy integration, while strengthening the local manufacturing ecosystem for a more sustainable future.”

Reinforcing this commitment, Helmut Bockshammer, Global Product Group Manager for Transformers Insulation and Components, Hitachi Energy, stated “This expansion secures local supply chains, strengthens reliability, and supports India’s transition to renewables by localizing production of critical transformer insulation materials.”

The demand for reliable electricity continues to rise globally, driven by industrial growth and the energy transition. Transformers play a critical role in enabling high-voltage transmission, and insulation materials are vital for their safety and performance.

Hitachi Energy India’s expansion in Mysuru addresses the shortage of such components both domestically and internationally, with supply to markets including the UAE, Oman, Kuwait, Saudi Arabia, Turkey, Indonesia, South Korea, and South Africa. The project is scheduled for completion by mid-2027 and marks a significant milestone in Hitachi Energy’s long-term growth strategy in India.

Hitachi Energy is a global technology leader advancing a sustainable energy future for all. With over a century of innovation in high-voltage technologies, transformers, automation, and power electronics, the company serves customers in over 140 countries across utilities, industry, transport, data centers, and infrastructure. Headquartered in Switzerland, Hitachi Energy employs more than 50,000 people in 60 countries and generates annual revenues of approximately USD 16 billion.