GE T&D India Ltd SHARE PRICE [LIVE]

About GET&D

Today's live share price for GE T&D India Ltd is NSE: ₹ 115.65, BSE: ₹ 115.80 with a current market capitalization of .

Areva T&D India Limited, one of the three global players in the transmission and distribution of energy, it was incorporated in 13th March of the year 1957 as The English Electric Company of India (EEI). With manufacturing facilities in 41 countries and a sales network in more than 100, AREVA offers customers reliable technological solutions for CO2-free power generation and electricity transmission and distribution. Areva's T&D division is an active player around the globe. It designs, manufactures and supplies a complete range of equipment, systems and services for all stages in the transfer of electricity, from the generator to the large end-user backed by a comprehensive services portfolio. Product portfolio and services consists of Power Generation, Transmission, Distribution, Railways, Industries & Buildings, Oil & Gas and Mining & Metal. Also as a solution provider, the company brings together and optimizes different disciplines, T&D businesses and third-party suppliers, to address the specific problems, however complex, and add value to the business. The Company started manufacturing solid-state generators and transformers, vacuum switches and electric motors in collaboration with GEC International Controls, UK and Electroimplex, Bulgaria during the year 1982-83. In 1984, the collaboration agreements were signed with GEC Power Transformers, UK, and Raydne, UK, to manufacture the medical electronic equipment. Another collaboration agreement also signed with GEC Machines, UK, to manufacture hydroelectric generators during the same period. During April of the year 1993, the company name was changed from The English Electric Company of India (EEI) to GEC Alsthom India. Areva T&D came out with a rights issue during July of the year 1994 to fund the normal capital expenditure, and bump up the long-term sources of operational possessions. In July 24th of the year 1998, again the company name was changed to Alstom Limited. During the year 1999-2000, two collaboration agreements were entered with Alsthom T&D SA, France for the manufacture of 72.5 KV SF6 Circuit Breakers and 420 KV SF6 Circuit Breakers both operated by spring mechanism. The company made a joint venture with KoCoS Messtechnik of Germany to spun off the energy division. The Company had commissioned the 315 MVA 400 kV Transformer successfully in August of the year 2001. During the year 2002-03, the company had successfully tested the new generation 145 kV circuit Breaker-Types GL312 as per IEC standards and also commissioned the 420 kV Circuit Breaker for the 4*500 MW Super thermal Power Plant at NTPC, Talcher. Areva T&D signed a 50million Euro contract with Jayaprakash Power Ventures Ltd India during the year 2003, for the supply of major hydro-generating plant equipment for 400MW and in the same year the company bagged the contract from Hindalco Industries worth of Rs.87cr, also the company received the order worth Rs 500 Cr from GVK Industries. During April of the year 2005, Alstom Holdings SA and AREVA T&D SA (Jointly with Areva T&D Holdings SA) has reached an understanding for acquisition of upto 26464400 equity shares (66.35%) held by Alstom Holdings in the company for a consideration of Rs.806 Million. Name of the company has been changed from ALSTOM Limited to Areva T&D India Limited effective from 23rd September 2005. During August of the year 2006 the company launched the MiCOM T390 Universal Power Line Carrier (PLC), a comprehensive solution for communication requirements over HV lines. The 33kV Circuit Breakers of the company were successfully type tested in Italy and these are being quoted in the market. Maiden order for Rukmani Power Limited was successfully executed in August of the year 2006. Unit has also commenced export of sub-assemblies and components of HVX Breakers to AGS, Germany. The merger of all T&D entities of AREVA in India has been successfully completed in the year 2006. In 2007, the company bagged 126 M? Order from KAHRAMA Water & Electricity, QATAR to supply six Turnkey 66 kV GIS Substations and also 26 M$ Order from Kenya Power & Light for turnkey substations for the distribution network. During the same year 2007, as at 20th January, Areva T&D commissioned the 765 kV Turnkey Substation for NTPC Sipat. The largest Generating Transformer 370 MVA/220 kV delivered to Reliance Energy and also state-of-the-art City Distribution SCADA Systems commissioned in the same year of 2007(9 out of 10 Circles done by AREVA T&D India) for MSETCL- a model for other SEBs to emulate with APDRP 2 funds. In 2007, AREVA T&D India has won the 'Technology (Process) Adaptation, Upgradation, Efficiency and Innovation Award in Transmission and Distribution' for designing, installing and commissioning India's first 765 kV EHV circuit breaker. And also in the same period the company has reached a new milestone with the global product launch of new Air Core Reactors with Multi-Wire Cable Design (MCD). Air Core Reactors provide a linear response of impedance versus current. As at January 2008, the company launched the HYpact & ITR products focus on Packaged Substations. The Company received Best stall Award in 400-sqm+ categories in ELECRAMA 2008. During June of the year 2008, the company inaugurated the new production hall of its Power Transformer Plant located in Monchengladbach (Dusseldorf region, Germany). Also in July 2008, Areva T&D entered into a strategic partnership agreement with NovaTech to distribute the measurement instruments under the MiCOM brand names.