ABB Power - Domain Expertise Coupled With Digital Tech To Lead Grid Transformation: Dolat Capital Initiates Coverage
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Dolat Capital Report
ABB Power Products and Systems India Ltd. was incorporated in February 2019, post its demerger from ABB India.
It is an Indian arm of Hitachi ABB Power Grids - a global leader in power technologies, providing the most comprehensive grid portfolio across the entire value chain.
The company has mapped out a clear strategy to build on existing opportunities by focusing on high-growth segments like grid automation, transportation infra and data centers.
It is expected to derive benefits from-
- life cycle service orders for grid automation,
- 100% rail electrification by CY23,
- metro and regional rapid transit system network expansion,
- multifold growth in data centers,
- e-mobility solutions and
- 100 gigawatt grid connected solar power capacity.
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