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Siemens Energy India Shares Drop 5% on HVDC Project Loss

Siemens Energy India Shares Drop 5% on HVDC Project Loss

Author:

Global Cryptocurrency

Published:

2025-12-22 09:14:03

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BTCCSquare news:

Siemens Energy India Ltd (ENRIN) fell sharply in Mumbai trading after losing a major high-voltage direct current (HVDC) contract to GE Vernova. The ₹2,615 midday price reflects market reassessment of near-term order FLOW in India's power transmission sector.

Analysts note the 2,500 MW Khavda-Olpad renewable evacuation project WOULD have bolstered ENRIN's backlog. While dividend plans and factory expansions continue, the miss highlights competitive pressures in India's evolving HVDC landscape.

Long-term demand drivers remain intact—India requires 50+ GW of interregional transmission by 2030—but execution risks now weigh heavier on valuations.

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