Hitachi Energy India Ltd has recorded its highest-ever order backlog of over Rs.29,000 crore, as of June 30, 2025.
In a release, Hitachi Energy India said that as of June 30, 2025, the company’s order backlog was Rs.29,125 crore, providing revenue visibility of the coming quarters.
In the quarter ending June 30, 2025 (Q1FY26), the order inflow stood at Rs.11,339 crore, up 365.4 per cent year-on-year, led by the large project win of Bhadla-Fatehpur HVDC link.
This order was placed on a consortium of Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) by Adani Energy Solutions Ltd. The HVDC link will connect renewable energy zones in Bhadla (Rajasthan) to Fatehpur in Uttar Pradesh. The ±800kV bi-pole and bi-directional HVDC link will have a transfer capacity of 6,000 MW. The project will involve HVDC terminals at Bhadla and Fatehpur, connecting by a 950-ckm line.
Hitachi Energy India’s scope of works in this HVDC order entails providing converter transformers, AC/DC control and protection, thyristor valves, 765/400kV grid connections and auxiliary systems.
Bulk order
In Q1FY26, the company also received a bulk order from Power Grid Corporation of India Ltd (PGCIL) to supply 30 units of 765kV, 500 MVA single-phase transformers. In terms of segment, transmission continues to lead the order book, followed by orders from the rail & metro and data center segments, the release said.
Services & exports
Services clocked a 91 per cent year-on-year order growth; some of the key service orders include SCADA upgrades, equipment replacement, and annual maintenance contracts.
Meanwhile, exports maintain consistency by contributing 24.7 per cent (without HVDC orders) in Q1FY26. This quarter, the company received export orders from Europe, South America, and Asia.
Driving grid infrastructure development
Sharing his views on the company’s Q1FY26 performance, N. Venu, Managing Director & CEO, Hitachi Energy India Ltd, said, “India’s ongoing efforts to integrate renewables, coupled with growth in data centers and AI, the increasing electrification needs of industry and transport continue to drive grid infrastructure development in the country. As one of the fastest growing large economies in the world, India needs to persist with deploying state-of-the-art technologies at speed and scale as it powers ahead to inspire the next era of a sustainable energy future for all.”
Also read: Hitachi Energy hands over India’s first 400 kV, synthetic ester fluid-filled transformer to PGCIL
Featured photograph (source: Hitachi Energy India Ltd) is for representation only