"Utilities Need to Find New Revenue Streams and Business Models"

"Utilities Need to Find New Revenue Streams and Business Models"

Global CEO of Hitachi ABB Power Grids, Claudio Facchin, and N. Venu, Managing Director, Hitachi ABB Power Grids India, talk about technological changes in the power sector and how they are helping countries meet their zero-carbon targets

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Claudio Facchin, Global CEO of Hitachi ABB Power GridsClaudio Facchin, Global CEO of Hitachi ABB Power Grids
PB Jayakumar
  • Mar 31, 2021,
  • Updated Apr 2, 2021 4:20 AM IST

The Switzerland-headquartered Hitachi ABB Power Grids is a global technology player serving utility, industry and infrastructure companies in emerging areas such as sustainable mobility, smart cities, energy storage and data centres. The $10 billion company started operations in India in July 2020 after Hitachi's acquisition of ABB Ltd's powergrid business in 2018. Global CEO of Hitachi ABB Power Grids, Claudio Facchin, and N. Venu, Managing Director, Hitachi ABB Power Grids India, talk to Rajeev Dubey and P.B. Jayakumar about technological changes in the power sector and how they are helping countries meet their zero carbon targets. Edited excerpts

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The Switzerland-headquartered Hitachi ABB Power Grids is a global technology player serving utility, industry and infrastructure companies in emerging areas such as sustainable mobility, smart cities, energy storage and data centres. The $10 billion company started operations in India in July 2020 after Hitachi's acquisition of ABB Ltd's powergrid business in 2018. Global CEO of Hitachi ABB Power Grids, Claudio Facchin, and N. Venu, Managing Director, Hitachi ABB Power Grids India, talk to Rajeev Dubey and P.B. Jayakumar about technological changes in the power sector and how they are helping countries meet their zero carbon targets. Edited excerpts

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