France-based Alstom states that India has a market potential of €2 billion for setting up high-voltage transmission lines by 2018. The high-voltage direct current (HVDC) market is estimated at €50 billion in the next 10 years, and Alstom targets a 20 per cent market share, the company said. The multinational conglomerate, which is into power generation and transport, said the Americas, China, India and Europe had the greatest potential in this area.
The biggest challenge for India is to ensure efficient transfer of power over long distances, while maintaining the national electricity grid without any disturbance. As of now, most of the electricity in India is generated in alternating current (AC) form. However, there are technical and commercial problems in ferrying AC over long distances.
This is why AC is converted to direct current (DC) in converter stations and transmitted through the high-voltage network). The power is again converted to AC before supplying to consumers. It (HVDC) has a cost, but it stabilises the network and helps in preventing black-outs like India suffered last year, Patrick Plas, Senior vice-president (Power Electronics and Automation) at Alstom, said.
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