Page 279 - Hitachi IR 2025

Amount due to / from related parties
Balances in excess of 10% with a fellow subsidiary has been individually disclosed below. All other cases have
been grouped and disclosed as 'other fellow subsidiaries'.
All amount in Indian Rupees in Crores, except as stated otherwise
As at
March 31, 2025
As at
March 31, 2024
i) Trade receivables
Ultimate Holding Company
- Hitachi Limited, Tokyo, Japan 0.34 0.29
Holding Company
- Hitachi Energy Ltd, Zürich, Switzerland 41.65 45.24
Fellow Subsidiaries
-Hitachi Energy USA Inc., Raleigh, NC, United States
(Formerly known as ABB Enterprise Software Inc.)
59.06 47.73
- Hitachi Energy Sweden AB, Västerås, Sweden
(Formerly known as ABB Power Grids Sweden AB)
47.47 30.88
-PT. Hitachi Sakti Energy Indonesia, Jakarta, Indonesia
(Formerly known as PT. ABB Power Grids Indonesia)
15.91 28.35
- Other fellow subsidiaries 227.59 165.92
Fellow Associates
- Linxon India Private Limited 24.61 22.17
416.63 340.58
ii) Other financial assets
Holding Company
- Hitachi Energy Ltd, Zürich, Switzerland 4.28 0.05
Fellow Subsidiaries
- Hitachi Energy Holdings Ltd, Zurich, Switzerland
(Formerly known as ABB PG Power Grids Ltd)
30.90 16.63
- Hitachi Energy Technology Services Private Limited, Bangalore, India
(Formerly known as ABB Power Technology Services Private Limited)
4.59 -
- Other fellow subsidiaries 0.68 1.34
40.45 18.02
iii) Other current assets
Fellow Subsidiaries
- Hitachi Energy Sweden AB, Västerås, Sweden
(Formerly known as ABB Power Grids Sweden AB)
49.95 41.12
-Hitachi Energy Greece Single Member Societe Anonyme,
Metamorphossis Attica , Greece
(Formerly known as ABB Power Grids Greece Single Member SA)
7.77 26.68
- Hitachi Energy Brasil Ltda, Guarulhos, Brazil
(Formerly known as ABB Ltda.)
- 12.84
- Other fellow subsidiaries 0.12 0.90
57.84 81.54
iv) Trade payables
Holding Company
- Hitachi Energy Ltd, Zürich, Switzerland 99.42 148.24
Integrated Annual Report 2024-25
277