Godrej Electricals & Electronics, a business unit of Godrej & Boyce, announced this week that it has secured orders worth over INR 1,000 crore ($120 million) in FY 2024 for its power infrastructure business. Majority of the orders pertained to renewable energy evacuation.
The company bagged these orders predominantly for air-insulated switchgear (AIS) and gas-insulated switchgear (GIS) substations across India, with certain projects of up to 765 kV capacity. Each of these projects ranges from INR 100 crore to INR 400 crore in value.
Raghavendra Mirji, executive vice president & business head, Godrej Electricals & Electronics, said, “Securing our inaugural 765 kV GIS order for execution in Khavda marks yet another significant milestone for us… India has set an ambitious target at the COP26 of transitioning to 500 GW of non-fossil fuel-based energy by 2030, which is one of the world’s largest expansion plan in renewable energy. Majority of our orders secured in FY’24 pertaining to renewable energy evacuation not only underscores our industry leadership but also resonates with the country’s commitment, echoing our collective vision for a greener and more resilient future.”
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