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June 19, 2025
Mumbai
• Siemens Energy India Limited (SEIL) successfully listed on BSE and NSE, completing the demerger and listing of the energy business of Siemens Limited, India
• SEIL will continue to play a key role in supporting India's net-zero goals through local innovation, manufacturing expansion, and grid modernization
With today's listing of Siemens Energy India Limited (SEIL) on BSE Limited and the National Stock Exchange of India Limited, the listing of the energy business of Siemens Limited, India has been successfully completed.
Scrip Code:
• BSE Limited: 544390
• National Stock Exchange of India Limited: ENRIN EQ
• ISIN: INE1NPP01017
With this step, SEIL is now positioned to operate with greater agility, transparency, and strategic focus – ready to lead in one of the world's most dynamic and fast-growing energy markets. The Company supports the integration of renewable energy, modernization of the national grid, and decarbonization of key industries. With more than 4,200 skilled professionals, ten state-of-the-art factories and eleven regional offices, SEIL is deeply embedded in India's industrial landscape and also serves neighboring countries including Bhutan, Nepal, Sri Lanka and Maldives.
Guilherme Mendonca, Managing Director and Chief Executive Officer of Siemens Energy India Limited, said: "With this listing we reaffirm our long-standing commitment to India's energy future. As India advances toward becoming a $7 trillion economy, a strong and resilient energy system will be essential. Siemens Energy India Limited with its dedicated team is ready to support this important journey for India and its people."
Siemens AG and its subsidiaries hold 69 percent in Siemens Energy India Limited and the subsidiaries of Siemens Energy AG hold 6 percent in Siemens Energy India Limited, with the remainder in free float.
SEIL has contributed to some of India ́s most significant energy projects
SEIL has already played a key role in some of India's most significant energy projects, including the country's first high-voltage direct current (HVDC) link using voltage-sourced converter (VSC) technology. The Company recently celebrated the completion of its 1,700th steam turbine at its Vadodara factory, since inception.
As India pursues its ambitious goal of achieving net-zero emissions by 2070, SEIL is helping to drive this transformation. The Company supports the integration of renewable energy, modernization of the national grid, and decarbonization of key industries. As part of the government's "Make in India" initiative, SEIL is making significant investments in India in expanding its local manufacturing footprint, including an investment of INR 4.60 billion in its Kalwa Transformers facility. In addition, SEIL has launched a Competency Hub to foster innovation in energy technologies and position India as a global innovation leader.
SEIL remains committed to nurturing talent and promoting diversity & inclusion across the organization. Over 55% of campus hires in FY 25 are women, reflecting our dedication to building a more inclusive workforce. The company established its first all-women manufacturing line at the Aurangabad facility last year and recently welcomed its inaugural cohort of women on the shop floor at its Kalwa Transformer factory. SEIL is simultaneously focused on advancing gender diversity in leadership roles by nurturing high-potential women through targeted development programs.
Siemens Energy India Limited (SEIL) is focused on being the most-valued energy technology company supporting customers in transitioning to a more sustainable world. SEIL has solutions across the entire energy value chain - from power and heat generation, transmission to storage through a portfolio that includes conventional and renewable energy technology such as gas and steam turbines, hybrid power plants operated with hydrogen as well as power generators and transformers. More information is available at www.siemens-energy-india.com
Forward-looking statements: "This document contains forward-looking statements based on beliefs of Siemens' management. The words 'anticipate', 'believe', 'estimate', 'forecast', 'expect', 'intend', 'plan', 'should', and 'project' are used to identify forward looking statements. Such statements reflect the company's current views with respect to the future events and are subject to risks and uncertainties. Many factors could cause the actual result to be materially different, including, amongst others, changes in the general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services, and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend to assume any obligation to update these forward-looking statements."
