Page 15 - Hitachi IR 2025

Dear Shareholders,
A significant transformation of
the global energy landscape is
underway to mitigate the perilous,
yet escalating impact of climate
change. It has become imperative
to strengthen the resilience
of energy infrastructure and
accelerate the transition to clean
and sustainable energy solutions.
Nations, and an increasing number
of organizations across the globe
are committed to achieving net
zero emission targets, even as
energy investments are gaining
momentum across verticals – be
it utilities, industries, transport
or infrastructure. Yet, advancing
the transition to a cleaner and
sustainable energy future remains a
critical challenge of our time,
While each nation pursues its
distinct path towards clean energy
transition, India’s journey has
been remarkable as it continues
to play a pivotal role in the global
shift towards a sustainable future.
Cognizant of the challenges posed
by rising global temperatures and
climate risks, the world’s fastest
growing economy has adopted
innovative strategies to foster a
cleaner planet.
India has charted out enabling
policies and initiatives, strong
economic incentives, and
technological progress, as key
to the realization of its energy
transition goals including an
ambitious target of achieving net
zero emissions by 2070.
Considering that the energy sector
accounts for approximately three-
quarters of global greenhouse gas
emissions, rapid decarbonization
is essential to achieve net zero
targets. Across the globe, energy
transition initiatives have gathered
momentum. With increased
electrification and integration of
renewables, the role of power
grids has become increasingly
significant – both from a capacity
and complexity perspective.
In this evolving scenario, digital
transformation is key to addressing
the challenges of transitioning
power systems.
The transition towards clean energy
has generated substantial demand
for transformative technologies
that deliver the highest efficiency,
reliability, flexibility and availability
at scale to significantly reduce
carbon emissions. As one of
India’s leading integrated energy
companies, Hitachi Energy India
Limited is committed to shaping the
future of the energy sector through
sustainable, digitally‑enabled
solutions. As a key partner in
India’s energy transition journey,
the Company is at the forefront of
several high-growth areas including
renewable energy, data centers and
railway electrification.
A remarkable journey of 75 years
Since 1949, we have made
an enduring contribution to
strengthening the country’s energy
infrastructure systems, which
reflects our deep expertise in
renewable technologies, robust
local manufacturing capabilities,
and our strong portfolio of
innovative products and solutions.
We take great pride in playing an
increasingly significant role in a
sector strategically vital to India’s
progress. Over the past 75 years,
we have been instrumental in the
execution of several nation‑building
power projects in India, that
consistently prioritize minimal
environmental impact. Our
75‑year legacy stands testament
to our unwavering commitment to
ushering in a clean, flexible, and
sustainable energy future for all.
Smart energy for a sustainable
tomorrow
Recognizing that the energy
challenge before India is beyond
the scope of one company, one
team, and one individual, we are
poised to leverage digitalization
to make India’s energy system
more flexible and secure, thereby
contributing to a sustainable
energy future. Our comprehensive
portfolio offering a range of
digitally-enabled solutions in
the renewable energy sector,
including energy management
automation, evacuation systems
and transformers, besides
power transmission systems,
enables us to capitalize growth
opportunities within India’s evolving
energy landscape.
Our diverse portfolio, strong market
presence, technical expertise,
expanding reach, steadfast
commitment to innovation and
extensive capabilities uniquely
position us to support India in
achieving its ambitious renewable
energy targets.
The growing urgency to accelerate
energy transition has catalyzed
investments in the energy sector,
thereby creating favorable market
conditions that have translated
into increased order intake,
with improved revenue and
business profitability.
Capitalizing on growth
opportunities
India is currently the third-
largest producer and consumer
of electricity worldwide, with a
total installed power capacity of
475.20 GW, as of March 2025.
The nation’s electricity demand
has continued to rise steadily,
driven by robust industrial activity,
weather conditions (heatwaves
and shifting rainfall patterns)
besides accelerating economic
growth. India’s electricity demand
is projected to surpass 700 GW
by 2047, which is more than
2.50 times the current demand,
according to a report jointly
released by the Confederation of
Indian Industry (CII) and EY India,
titled "Energy Transition for Viksit
Bharat 2047", outlining a roadmap
for India's energy transition and
highlights key steps required to
ensure a sustainable, low-carbon,
and energy-secure future. This
demand surge necessitates a
Integrated Annual Report 2024-25
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