GE T&D India has announced significant new orders totaling €90 million from Grid Solutions, underscoring strong growth prospects for the company in the high voltage products segment.
The first order, valued at €26 million, is from Grid Solutions Middle East FZE, Dubai, for the supply and supervision of high voltage products. This order is part of a larger project being executed by a group company for their end customer, scheduled for completion over the next two years.
Additionally, GE T&D India has secured a €64 million order from Grid Solutions SAS, France, for similar high voltage products, also to be delivered over the next two years. These orders highlight the company’s robust order pipeline and its capability to meet significant demand in the power sector.
Amit Anwani, Research Analyst at Prabhudas Lilladher Pvt Ltd, commented, “The healthy order pipeline, coupled with a strong order book exceeding Rs 60 billion and management’s focus on improving margins, bodes well for GE T&D India’s prospects of achieving substantial revenue and profit growth.”
These developments reflect GE T&D India’s strategic positioning and operational strength in the global market for high voltage transmission and distribution solutions.