100 Years Old Power Transmission Company to Invest Rs 1,400 Million to Expand Advanced Grid Tech Manufacturing in India
Looking at returns, the stock has shown a 0.83 per cent return in the last 1 day, 27.22 per cent in the past month, 9.3 per cent over the last three months, and a significant 62.62 per cent return over the past year.
GE Vernova T&D India Limited, formerly known as GE T&D India Limited, announced today that it will invest Rs 1,400 million to expand its manufacturing footprint in India. This strategic move aims to meet the increasing demand for advanced grid infrastructure in the country. The investment will be directed towards enhancing the company's existing facilities and establishing new production lines to cater to the rising needs of the power transmission and distribution sector. This expansion is in line with GE Vernova’s commitment to support India's energy transition and its goal to provide more secure, sustainable, reliable, and affordable electricity. The company stated that this investment will help in localizing the manufacturing of key products and solutions, thereby strengthening the supply chain and reducing lead times for customers.
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The announcement was made in a press release issued by GE Vernova T&D India Limited to the BSE Limited and the National Stock Exchange of India Ltd. Shweta Mehta, the Company Secretary & Compliance Officer, digitally signed the release, confirming the details of the Rs 1,400 million investment. The company, with its corporate office in Noida, Uttar Pradesh, highlighted its dedication to inventing, deploying, and servicing technology that will help decarbonize and electrify the Indian grid. GE Vernova believes this expansion will catalyze access to more secure, sustainable, reliable, and affordable electricity, driving global economic development. The company’s registered office is located in New Delhi.
As of May 13, 2025, the closing share price of GE Vernova T&D India Limited on the National Stock Exchange (NSE) was Rs 1,700, marking a rise of 1.03 per cent from the previous close. The intraday performance saw the stock open at Rs 1,710.00, reach a high of Rs 1,714.50, and touch a low of Rs 1,680.00. The company’s market capitalization stands at approximately Rs 43,435.73 Crore. Looking at returns, the stock has shown a 0.83 per cent return in the last 1 day, 27.22 per cent in the past month, 9.3 per cent over the last three months, and a significant 62.62 per cent return over the past year. Key financial metrics include a Price-to-Earnings (PE) Ratio of 88.98 and Earnings Per Share (EPS) of Rs 19.06 (Trailing Twelve Months). For the quarter ending December 2024, the company reported a total income of Rs 1,099.45 Crore and a net profit of Rs 142.68 Crore.
GE Vernova T&D India Limited is a prominent player in the power transmission and distribution infrastructure sector in India. The company offers a comprehensive range of products, solutions, and related services across all stages of the power supply chain. These include power transformers, circuit breakers, gas-insulated switchgears (GIS), instrument transformers, substation automation equipment, and digital software solutions. The company is a part of the global GE Vernova group, which encompasses the Power, Wind, and Electrification segments. GE Vernova T&D India has a significant manufacturing presence with 6 sites and provides power electronics solutions for high-voltage direct current (HVDC) systems and flexible AC transmission systems (FACTS). It also offers advanced power management and smart grid solutions for transmission and distribution, including the integration of renewable energy sources.
Disclaimer: The article is for informational purposes only and not investment advice.