GE Vernova T&D India Share Price Surges Over 3% After Receiving Power Grid Order for 6,000 MW HVDC Project

Written by: Team Angel OneUpdated on: 4 Nov 2026, 9:04 pm IST

GE Vernova T&D India has received a Letter of Award from Power Grid for a 6,000 MW HVDC terminal project.

GE Vernova T&D India has received a Letter of Award from Power Grid Corporation of India for a major high-voltage transmission project linked to renewable power evacuation.

The project involves the design and establishment of a 6,000 MW, ±800 kV High Voltage Direct Current (HVDC) LCC Terminal Station connecting Barmer II and South Kalamb.

Formal Order Follows Earlier L1 Status

The company had earlier informed the exchanges that it had qualified as the L1 bidder for the project. Power Grid has now issued the Letter of Award dated November 3, 2026.

The latest development moves the project ahead from the bidding stage, with the formal award now received by the company.

6,000 MW HVDC Terminal Station

The project involves a ±800 kV HVDC LCC Terminal Station with a total capacity of 6,000 MW. It will have a 2×3,000 MW configuration.

The transmission infrastructure is intended to support the evacuation of renewable power from Barmer II to South Kalamb.

Definitive Agreement to Follow

GE Vernova T&D India said the definitive agreement with Power Grid will be executed in due course.

The company has not disclosed the value of the order in its announcement.

As of 04 November 2026, at 11:20 AM, GE Vernova T&D India Ltd share price is trading at ₹4,192.50 per share, reflecting a surge of 3.52% from the previous trading session.

Conclusion

The Letter of Award marks the next step for GE Vernova T&D India after its earlier selection as the L1 bidder. The project centres on a 6,000 MW HVDC terminal system for renewable power evacuation between Barmer II and South Kalamb.

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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 4, 2026, 3:33 PM IST

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