HVDC Fuels Capitalist Interest in Power Transmission
Renewable resource expansion is driving demand for High Voltage Direct Current (HVDC) transmission in India, drawing in substantial capitalist interest.
- Hitachi Energy India struck a document 29, 900 per share, showing market enthusiasm.
- GE Vernova T&D India surged 176 % YoY, and Hitachi Power India increased 115 %.
- Mordor Intelligence forecasts the Indian HVDC market to reach $ 6 31 billion by 2031, with an 8 55 % CAGR.
- Stockpiles continue to be strong: GE at 14, 380 crore, Hitachi Energy at 29, 872 crore, and Siemens Energy at 16, 200 crore.
- Problems arise over extended evaluations, with Hitachi trading at 64 x FY 28 revenues.