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. Zurich-based Hitachi Energy, which makes transformers and large-scale power transmitters, operates a GCC in the country, where high power demand has led to the government ramping up generation, including in renewable energy. The new GCC - a low-cost, offshore facility - will work alongside Hitachi Energy India, but will be part of a separate non-listed Indian entity of Hitachi Energy in Switzerland, Nuguri said.
Frank Field, the former Labour minister and crossbench peer, has died aged 81, his family has announced.