Hitachi Energy India expects a strong pipeline of high-voltage direct current (HVDC) transmission opportunities over the next two years, supported by India’s expanding electricity network and growing requirement for renewable power evacuation.
The company’s management expects around four to five major HVDC projects to come up for development over the next 12 to 24 months.
The opportunities are linked to the country’s long-term transmission investment plans extending through 2035.
Speaking during the company’s investor interaction, Managing Director and CEO N Venu said one of the projects had already received approval from the National Committee on Transmission (NCT).
He also indicated that additional projects could receive approval over the next three to six months.
The approved project involves 800 kV voltage-source converter (VSC) technology, which is being introduced for the first time in India’s transmission network.
Hitachi Energy said it is prepared to supply the technology for the project.
The company also highlighted its readiness for the country’s proposed 1,150 kV alternating current (AC) transmission infrastructure.
Venu said Hitachi Energy had completed design and type testing of the relevant transformer technology several years ago, positioning it to participate in upcoming high-voltage transmission projects.
The demand outlook is supported by rising electricity consumption and the increasing need to transport power over long distances.
India’s electricity generation reached 536 billion units during the second quarter of FY2026-27, registering an 11 per cent year-on-year increase. Peak power demand met during the quarter rose 18 per cent to 270 GW.
HVDC technology is particularly important for bulk power transmission over long distances, including the evacuation of electricity from renewable energy zones to major consumption centres.
It also helps improve control over power flows between different parts of the electricity network.
The company’s management expects the upcoming transmission projects to create opportunities across HVDC systems, transformers and other grid infrastructure equipment.
However, actual order inflows will depend on project approvals, tendering schedules and execution timelines.
The anticipated pipeline reflects the growing importance of high-capacity transmission infrastructure as India expands renewable energy generation and strengthens its national electricity grid.
