HVDC Fuels Financier Interest in Power Transmission
Renewable resource growth is driving need for High Voltage Direct Current (HVDC) transmission in India, bring in substantial investor rate of interest.
- Hitachi Energy India hit a document 29, 900 per share, showing market excitement.
- GE Vernova T&D India rose 176 % YoY, and Hitachi Power India climbed 115 %.
- Mordor Intelligence forecasts the Indian HVDC market to reach $ 6 31 billion by 2031, with an 8 55 % CAGR.
- Stockpiles remain strong: GE at 14, 380 crore, Hitachi Power at 29, 872 crore, and Siemens Power at 16, 200 crore.
- Problems develop over stretched assessments, with Hitachi trading at 64 x FY 28 earnings.
