GE Vernova T&D India Limited (formerly GE T&D India Limited) has announced an investment of ~₹1,400 million (USD 16 million) to strengthen its electrification manufacturing and engineering footprint in India. This move is part of GE Vernova’s broader global expansion and supports the country’s energy transition efforts.
The investment will fund the development of a new manufacturing line at the company's existing facility in Pallavaram, Chennai, and establish a cutting-edge engineering and testing lab in Noida. Both initiatives are aligned with the company’s focus on High Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS), technologies that are critical for modernizing power infrastructure.
The new Chennai manufacturing line will produce Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) STATCOM valves. These components are essential for reducing transmission losses, improving grid stability, and integrating renewable energy from remote areas into urban and industrial consumption centers. LCC systems are suited for long-distance, high-capacity transmission, while VSCs are ideal for connecting variable renewable energy sources like solar and wind to the grid.
In Noida, GE Vernova T&D India will build a modern engineering and test lab that will focus on system validation, control systems, and design support. This facility will ensure that the equipment developed meets rigorous standards for real-world performance. The lab is scheduled to be operational by the end of 2025, while the Chennai manufacturing line is expected to be up and running by early 2027.
This investment is part of GE Vernova’s previously announced $4 billion global capital expenditure plan through 2028. The expansion reinforces its “Asia for Asia” strategy, aimed at boosting regional manufacturing capabilities to serve Asian markets efficiently. It also aligns with India’s “Make in India” initiative by promoting domestic manufacturing of advanced grid equipment.
Johan Bindele, VP of Grid Systems Integration at GE Vernova, said, “India continues to be a critical part of our global strategy—both for our customers and as a manufacturing hub. GE Vernova’s Electrification equipment backlog has more than tripled over the past year driven by strong demand for transformers, switchgear, and grid technologies including HVDC and FACTS. These new expansions are aimed at enhancing our capabilities in the region, helping reduce supply chain dependencies, and allowing us to deliver faster, smarter solutions to customers in India and around the world.”
“With energy demand rising and more renewables being added to the grid, the need for strong, smart, and flexible infrastructure has never been greater,” said Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India Limited. “Through this investment, we are strengthening our ability to deliver technologies that help utilities move more power, with fewer losses, over longer distances and do it more sustainably.”
On May 14, 2025, GE Vernova T&D India share price opened at ₹1,720.00, up from its previous close of ₹1,696.40. At 11:34 AM, the share price of GE Vernova T&D India was trading at ₹1,757.80, up by 3.62% on the NSE.
Also Read: Azad Engineering Wins Order From GE Vernova!
With this significant investment, GE Vernova T&D India is set to play a pivotal role in strengthening India’s electricity infrastructure while supporting global energy transition goals. The expansion underscores the company’s century-long commitment to India and its continued leadership in grid innovation and renewable energy integration.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: May 14, 2025, 12:38 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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