GE T&D India Ltd. announced on Sunday that it received a ₹490 crore order from Power Grid Corporation of India Ltd. The order is for supplying, installing, testing, commissioning, and maintaining SCADA/EMS control centers.
These centers manage and protect the power system, with all data stored on physical servers. GE T&D India is expected to complete the project by January 2026. The order value excludes an 18% GST. Earlier this month, GE T&D India also won orders worth €64 million from Grid Solutions SAS, France, and €26 million from Grid Solutions Middle East FZE, Dubai, for high voltage products. Both orders will be executed over two years.
Last Friday, GE T&D India’s shares closed at ₹1,688, having risen 219% this year. The stock hit an intraday high of ₹1,710, nearing its peak of ₹1,720. Under the Stage 4 ASM Framework, trading requires a 100% margin and a 5% price band, with individual settlement for each trade.
GE T&D India is a prominent player in the power transmission and distribution sector. The company focuses on providing advanced technologies and solutions to enhance the efficiency and reliability of power networks. With a strong emphasis on innovation, GE T&D India develops products such as transformers, circuit breakers, and grid automation systems.
The company aims to support India’s growing energy needs while promoting sustainability through smart grid solutions. By leveraging its global expertise and local insights, GE T&D India plays a vital role in modernizing the country’s electrical infrastructure.
