Deals12 Aug 2026, 07:30 pm
GE Power India Secures ₹550 Cr Saudi Arabia Fuel Conversion Project
AI Summary
GE Power India Limited has announced the receipt of a Notice of Award (NOA) for the Shoaiba Fuel Conversion Project in Saudi Arabia. The contract, awarded by Dar Al Balad for Contracting and Operations Company Ltd., involves two separate NOAs for supply and service scopes related to boiler modifications for fuel conversion. The project duration is estimated to be approximately 2.5 years, with a cumulative value of around INR 550 Crores. This international contract signifies a significant business development for the company.
Key Highlights
- Secured Shoaiba Fuel Conversion Project in Saudi Arabia.
- Contract value estimated at approximately INR 550 Crores.
- Project duration is approximately 2.5 years.
- Scope includes supply and technical advisory for boiler modifications.
- Awarded by an international entity, Dar Al Balad for Contracting.
Price Impact
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