Advantages of DC transmission:
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It requires only two conductors.
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There is no problem of inductance, capacitance and phase displacement which is common in ac transmission.
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For the same load and sending end voltage, the voltage drop in dc transmission lines is less than that in ac transmission.
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As there is no skin effect on conductors, therefore entire cross-section of conductor is usefully utilized thereby affecting saving in material.
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For the same value of voltage insulating materials on dc lines experience less stress as compared to those on ac transmission lines.
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A dc line has less corona loss and reduced interference with communication circuits.
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There is no problem of system instability so common in ac transmission.
Disadvantages of DC transmission:
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Generation of power at high dc voltages is difficult due to commutation problems and cannot be usefully utilized at Consumer ends.
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Step up or step-down transformation of dc voltages is not possible in equipment like transformer.