The Central Electricity Authority has notified the National Electricity Plan (NEP) for Transmission, covering the periods 2022-2027 and 2027-2032. For 2022-2027, India plans to add 1,14,687 circuit kilometers (ckm) of transmission lines, 7,76,330 MVA of transformation capacity, and 1,000 MW of HVDC bi-pole capacity, with an investment of Rs 4.25 lakh crore as per source.
For 2027-2032, the plan includes adding 76,787 ckm of transmission lines, 4,97,855 MVA of transformation capacity, and 32,250 MW of HVDC bi-pole capacity, requiring Rs 4.90 lakh crore as per sources.
The plan aims to ensure a reliable, efficient, and sustainable electricity system, addressing challenges like Right-of-way and forest clearances, and incorporating advanced technologies for improved infrastructure efficiency. With increasing demand, Indian Transmission manufacturers or operators can benefit from these initiatives.
Listed below are some of the stocks that can benefit from NEP for Transmission for Rs. 4.9L Crore by 2027-2032
Adani Energy Solutions
This Adani Group company is one of India’s largest private power transmission companies. They offer energy solutions, including transmission, generation, and smart metering. With over 21,100 circuit kilometers of transmission lines and a transformation capacity of 57,000 MVA, it aims to expand its infrastructure significantly by 2030.
With a market capitalization of Rs. 1,04,691.78 Crores, the shares of Adani Energy Solutions Limited on Friday closed at Rs. 871.50 per equity share, up 0.27 percent from its previous day’s close price of Rs. 873.85.
Its Revenue from operations grew by 27.76 percent from Rs. 4,563 Crores in Q3FY24 to Rs. 5,830 Crores in Q3FY25, accompanied by profits of Rs. 348 Crores to Rs. 625 Crores.
Torrent Power
Torrent Power is an Indian power utility that is engaged in power generation, transmission, and distribution. With an aggregate capacity of 4,328 MW, they operate coal, gas, and renewable energy plants. They serve over 4.13 million customers across various regions, emphasizing operational efficiency and customer service excellence.
With a market capitalization of Rs. 75,031.24 Crores, the shares of Torrent Power Limited on Friday closed at Rs. 1489.00 per equity share, down by 0.93 percent from its previous day’s close price of Rs. 1502.95.
Its Revenue from operations grew by 2.00 percent from Rs. 6,366 Crores in Q3FY24 to Rs. 6,499 Crores in Q3FY25, accompanied by profits of Rs. 374 Crores to Rs. 489 Crores.
Shilchar Technologies
This Indian manufacturer specializes in power and distribution transformers while producing high-quality transformers for various sectors which includes renewable energy. Shilchar exports over 50 percent of its products globally and aims to enhance its manufacturing capacity significantly.
With a market capitalization of Rs. 4,019.48 Crores, the shares of Shilchar Technologies Limited on Friday closed at Rs. 5270.20 per equity share, up 2.40 percent from its previous day’s close price of Rs. 5146.55.
Its Revenue from operations grew by 30.05 percent from Rs. 118 Crores in Q3FY24 to Rs. 154 Crores in Q3FY25, accompanied by profits of Rs. 26 Crores to Rs. 35 Crores.
Transformers and Rectifiers (India)
The company specializes in manufacturing a wide range of transformers which includes power, distribution, and rectifier transformers up to 1,200 kV. With advanced manufacturing facilities in Ahmedabad.
With a market capitalization of Rs. 16,087.39 Crores, the shares of Transformers and Rectifiers (India) Limited on Friday closed at Rs. 535.95 per equity share, up 4.20 percent from its previous day’s close price of Rs. 514.35.
Its Revenue from operations grew by 51.49 percent from Rs. 369 Crores in Q3FY24 to Rs. 559 Crores in Q3FY25, accompanied by profits of Rs. 16 Crores to Rs. 55 Crores.
GE Vernova T&D India
This company is a leading provider of power transmission and distribution solutions in India. With over 100 years of presence, it offers products like transformers, circuit breakers, and HVDC systems. While Operating five manufacturing sites, it focuses on green and digital grid innovations.
With a market capitalization of Rs. 39,943.26 Crores, the shares of GE Vernova T&D Limited on Friday closed at Rs. 1560.00 per equity share, down by 2 percent from its previous day’s close price of Rs. 1591.85.
Its Revenue from operations grew by 28.00 percent from Rs. 839 Crores in Q3FY24 to Rs. 1,074 Crores in Q3FY25, accompanied by profits of Rs. 49 Crores to Rs. 143 Crores.
Written by: Santhosh S
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