ABB Power Annual Report Analysis - Strategic Initiatives To Strengthen Franchise: Dolat Capital
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Dolat Capital Report
ABB Power Products and Systems India Ltd.'s CY20 annual report focuses on opportunities and major trends arising from India’s Energy Transition.
Having established as an undisputed leader in high voltage direct current technology, management discusses strategic initiatives (grid-eMotionTM fleet, TXpertTM Ecosystem, and Lumada) to capitalise on the company's next phase of growth.
In this regards, the company plans to play an active role in renewable energy integration, railway electrification, data centres, and e-Mobility.
The company has prioritised eight high-growth segments, namely, grid automation, flexible AC transmission system, rail, high voltage direct current, data centers, software, electric vehicle infrastructure and micro grids to drive future growth.
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