The mold transformer is a complex and critical component of DC substations in Metro system. In this paper, a cost effective and intelligent condition monitoring system for mold transformers in DC substations was developed. This paper also provides an overview of the management program using PD (partial discharge) data on mold transformers. Prior to application of the proposed system to Metro DC substations, experiments were performed at the metro line substation located in Seoul and presented case studies for the use of the intelligent condition monitoring system for mold transformer in DC substations. The experiment results indicated that the developing system can be need in helping mange the risk of unexpected failure of mold type transformers.