Hitachi Energy planning to invest Rs 2000 crore in India in the next 4-5 years
Hitachi Energy Limited is planning to invest Rs 2,000 crore in India in four to five years, a senior company official said here on Monday.
Tata Power Delhi Distribution Limited has signed a Memorandum of Understanding (MoU) with global power technology leader Hitachi Energy to conduct trainings in the power distribution sector.
This partnership will address the training needs of the power distribution personnel, bringing together the expertise and resources of two industry leaders for the overall benefit of the sector. It will also cater to reforms in India as well as in other countries.
The MoU was signed by Mr Subir Verma, Chief HR, IR and HS, Tata Power-DDL and Mr Kondalarao Bavisetti, Business Head, Power Consulting, Hitachi Energy India Limited.
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Commenting on the association, Verma said, ”Tata Power-DDL is focussed on nurturing the talent pool in the power and energy industry by sharing valuable experience and knowledge. This collaboration with Hitachi Energy is a step in the same direction and reflects our intent to help young talent to achieve their potential and the industry to create skilled manpower.”
Speaking on the initiative, Mr Raja Radhakrishnan, HR Director, Hitachi Energy India Limited said, ”Availability of qualified manpower is a major challenge, especially in evolving fields such as power. There is an urgent need to collaborate in areas of engineering, technology and technology management to support the clean energy transition, ensuring the people of India can enjoy reliable and quality power.
We are glad to be partnering with Tata Power Delhi Distribution to train and shape future talent.”
The training programs under the partnership will be designed in accordance with new and emerging technologies and best practices for enhancing knowledge competency. It will aim to bridge the gap between theory and practical, imparting industrial training to students in engineering, technology, science, et al, to make them industry-ready.
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