Hitachi ABB Power Grids Sets Plan To Achieve Carbon Neutrality By 2030 Hitachi ABB Power Grid Share Price: After the announcement of the program, shares of ABB Power Products and Systems edged more than four per cent higher on Wednesday
Updated: May 26, 2021 7:39 pm IST
Shares of ABB Power Products and Systems settled 4.05 per cent higher at Rs 1,881 on the BSE.
Technology pioneer Hitachi ABB Power Grids announced its plans to introduce a comprehensive program, in order to achieve carbon-neutrality targets by 2030 in its own operations on Wednesday, May 26. According to a regulatory filing by the technology leader to the stock exchanges today, Hitachi ABB Power Grids will adopt a three-dimensional approach to decarbonisation to achieve carbon neutrality by 2030. Hitachi ABB Power Grids is listed as ABB Power Products and Systems India Limited on stock exchanges BSE and NSE. (
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Hitachi ABB Power Grids in India has won an order worth Rs 124 crore from leading aluminium producer Bharat Aluminum Company (BALCO) to strengthen its power infrastructure at its plant in Chhattisgarh. All the equipment for this project is being manufactured domestically in line with the government s Make-in-India drive and is aimed at ensuring the plant s complex smelting operations run smoothly, helping BALCO meet its production enhancement plan, the company said in a statement. Hitachi ABB Power Grids in India (listed on the stock exchanges as ABB Power Products and Systems India Limited) has been awarded a project worth over Rs 124 crore by BALCO to ensure improved reliability of the power distribution system at its Korba plant in Chhattisgarh, a company statement said.