AI Data Centers Drive Hitachi Energy's Growth, Not Just Power Grids: CEO N Venu

• Hitachi Energy India's growth is increasingly driven by AI-ready data centers, not just traditional power transmission, due to surging electricity demand and grid complexity.
• AI data centers require significantly more energy and flexibility, creating a large opportunity for power equipment and grid solution providers.
• A single ChatGPT query consumes 6-8 times more energy than a standard Google search, highlighting the exponential rise in electricity needs.
• India is poised for a larger role in AI data centers, supported by policy like tax holidays until 2047 for Indian-made facilities.
• Hitachi Energy addresses 10-15% of data center capital expenditure, focusing on grid connections, power system studies, and advanced transmission technologies.