This paper deals with overvoltage stresses in the field circuit of synchronous machine connected to HVDC terminal. A load rejection of the HVDC may cause generator in the station to become self-excited, resulting in a severe system overvoltage. This paper shows that violent field current oscillations can be produced by resonance between the machine inductance and the terminal capacitance. As most conventional excitation system do not allow reverses current, new topology of excitation system to allow reverse current is proposed. the proposed system can limit the rate of rise of terminal voltage during conditions of self excitation. Apart from these simulations, the nature(Magnitude and frequency) of the field transient state is explained mathematically. Finally, the EMTDC program is used for the simulation studies.