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Siemens Energy India announced a Rs 280 crore investment to expand its Aurangabad facility for high-voltage switchgear manufacturing, alongside reporting Q3 FY26 results.
Power Grid Corporation of India Limited awarded a Rs3.16 billion contract to Siemens Energy India Limited for 30×110 MVAR, 765 kV, single-phase reactors under Package 7RT-20-BULK. The contract was finalized on July 31, 2025.
Siemens Ltd obtained board approval to demerge its energy business into a separate listed entity, Siemens Energy India, with shareholders receiving one share in the new entity for each share held.
| Site | Largest | Latest |
|---|---|---|
| Aurangabad, India | $34.0M | 2025-08-05 |