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GE Vernova T&D India won a contract from AESL Projects for a 2,500 MW, ±500 kV HVDC terminal station to evacuate renewable power from Khavda to South Olpad, with value undisclosed and estimated by brokers at Rs 7,500-8,000 crore.
GE Vernova T&D India's board approved an INR 806 crore investment to expand facilities in Vadodara, Hosur and Padappai, aiming to raise transformer and reactor capacity by over 50% and GIS and AIS capacity by up to 25% by 2028.
GE Vernova T&D India will invest about USD 16 million to add a HVDC and FACTS manufacturing line at its Chennai plant and build a new facility in Noida, India.
