HVDC Fuels Financier Interest in Power Transmission
Renewable energy development is driving demand for High Voltage Direct Current (HVDC) transmission in India, drawing in substantial capitalist passion.
- Hitachi Energy India hit a record 29, 900 per share, mirroring market excitement.
- GE Vernova T&D India rose 176 % YoY, and Hitachi Energy India climbed 115 %.
- Mordor Knowledge predicts the Indian HVDC market to get to $ 6 31 billion by 2031, with an 8 55 % CAGR.
- Backlogs remain strong: GE at 14, 380 crore, Hitachi Energy at 29, 872 crore, and Siemens Energy at 16, 200 crore.
- Issues occur over stretched evaluations, with Hitachi trading at 64 x FY 28 incomes.
