Capital Goods – Sector Update – MoP eased the localization norms for HVDC (LCC)
Published on 04 May 2026
The Ministry of Power (MoP), vide its notification dated 30th April 2026, has revised the Minimum Local Content (MLC) norms for HVDC Substation (LCC type) projects, introducing a phased localization roadmap in place of the earlier flat requirement (~60% of localisation). Under the revised framework, MLC has been reduced to 30% till Mar’28, with a gradual increase to 60% by Mar’35, replacing the earlier uniform ~60% requirement at the project level. The revision is aligned with the broader Make in India framework and seeks to balance near-term execution challenges with long-term localization objectives. The updated norms apply to EPC/turnkey HVDC projects and are expected to ease execution in high-technology segments where domestic manufacturing capabilities remain limited.
