Hitachi Energy Wins Rs 790 Crore Order From Australia's Marinus Link Project

Marinus Link Pty Ltd selected Hitachi Energy to supply a high voltage direct current link project in Australia.

PTI

(Source: Hitachi Energy India website)

Hitachi Energy on Tuesday said it has bagged an order worth Rs 790 crore from a fellow subsidiary Hitachi Energy Australia Pty Ltd. The order is scheduled to be executed over a period of four years, a BSE filing said. According to the filing, the Hitachi Energy India Ltd has received an order d approximately Rs 790 crore from Hitachi Energy Australia Pty Ltd. towards execution of the project.

Marinus Link Pty Ltd selected Hitachi Energy to supply a high voltage direct current link project in Australia.

Delivery of certain equipment will be executed from the company's factory in India, as per the filing.

The 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, it added.

Also Read: Hitachi Energy India Q4 Result: Net Profit Jumps To Rs 113.7 Crore

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