Toshiba expands global T&D investment to meet rising electricity demand

Toshiba Energy Systems & Solutions Corporation (Toshiba) will invest a total of 55 billion yen by FY2027. This investment is expected to more than double combined production capacity at Toshiba’s key facilities in Japan and India by FY2030, against FY2024 levels.

Toshiba Energy Systems & Solutions Corporation (Toshiba) announced a significant expansion of its investment in the power transmission and distribution (T&D) equipment business, in response to accelerating global electricity demand. The company will invest a total of 55 billion yen by FY2027. This investment is expected to more than double combined production capacity at Toshiba’s key facilities in Japan and India by FY2030, against FY2024 levels.

This initiative builds on the 20-billion-yen investment announced in July 2024 for FY2024–FY2026.  With demand now projected to exceed initial forecasts, Toshiba has decided to invest an additional 35 billion yen in its Hamakawasaki Operations in Kawasaki, Japan, and Toshiba Transmission & Distribution Systems (India) Private Limited (hereinafter, “TTDI”) in Hyderabad, India.

Explaining the rationale behind the expanded investment, Hiroshi Kaneta, Vice President of the Grid Solution Division at Toshiba, said, “As global electricity demand continues to rise, ensuring a stable supply of T&D equipment is more critical than ever. In Japan, demand for T&D equipment is expected to surge through 2030 and remain high, driven by the renewal of ageing infrastructure, the expansion of renewable energy, and the construction of new data centres. In India, electricity demand continues to rise rapidly, fuelled by economic & urban population growth and the accelerated adoption of renewable energy.”

As a leading supplier of high-voltage T&D equipment, Toshiba will invest in strengthening its manufacturing capabilities by renewing and modernising existing production lines, constructing new ones, and upgrading factory infrastructure at both Hamakawasaki Operations and TTDI.  In addition to these shared initiatives, each site will implement measures tailored to its specific needs. At Hamakawasaki Operations, Toshiba will renovate ageing employee welfare facilities to improve the working environment, reflecting its plan for operational excellence. At TTDI, the company will expand its product lineups to better serve both the Indian market and international markets, including North America, Europe, and the Middle East, with the aim of increasing its global market share.

T&D equipment is essential for delivering electricity from power plants to consumers and plays a vital role in ensuring a stable power supply. With over 100 years of experience manufacturing switchgear, transformers, surge arresters, and other T&D equipment, Toshiba has earned a worldwide reputation for reliability.

Moving forward, Toshiba will leverage its technological expertise and trusted performance to help build robust power grids that support stable electricity supply. The company will strengthen its production systems to respond flexibly and swiftly to domestic and international demand, advance R&D in next-generation technologies, including those supporting carbon neutrality, and continue to enhance employee safety and workplace comfort. Through these efforts, Toshiba aims to strengthen its business competitiveness, deliver greater value to customers, and support the transition to a more sustainable energy future.