HYDERABAD, April 24 Reuters Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country.

Zurichbased Hitachi Energy, which makes transformers and largescale power transmitters, operates a GCC in the country, where high power demand has led to the government ramping up generation, including in renewable energy.

We are looking at Hyderabad for our GCC.. and also looking at Pune. It might take six months to one year, said Venu Nuguri, the managing director and CEO of the company39;s India unit.

The center could be in either or both cities depending on the demand, he said, without giving financial details of the investment.

The new GCC a lowcost, offshore facility will work alongside Hitachi Energy India, but will be part of a separate nonlisted Indian entity of Hitachi Energy in Switzerland, Nuguri said.

India39;s government last year rolled out incentives for green energy transition, with an aim to have 500 GW of installed capacity through nonfossil fuel sources by 2030.

India39;s power consumption grew 8 in fiscal year 2023. The International Energy Agency estimates that India will add electricity demand roughly equivalent to the current consumption of the United Kingdom, over the next three years.

To meet the projected demand, market needs to generate at least 34 times than what is being done. And accordingly, our order book…