Success for Hitachi Power Europe and Joint Venture Partner with the Bid Invitation for Coal Power Plants

Duisburg, Germany, April 9, 2012 – The booming Indian power plant market has been penetrated. Hitachi Power Europe GmbH (HPE) and its joint venture partner BGR Energy will supply six 660 MW utility steam generators ("boilers") for three coal power plants on the Indian sub-continent. HPE and BGR Energy were successful in the bidding procedure of state energy supplier NTPC (National Thermal Power Corporation). The customer has now confirmed the order for one of the three sites; order confirmation for the second and third site has been bindingly promised within the next few weeks.