Investment18 May 2026, 08:21 pm
GE Vernova T&D India Invests ₹550 Million in New Capacity
AI Summary
GE Vernova T&D India Ltd's Board has approved an investment of ₹550 million to establish new capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers. The new facility will be located in Vallam, Tamilnadu, and will cater to both Indian and international markets. Production is expected to commence by December 2026, funded through internal accruals. This expansion aims to meet the growing demand for power transmission equipment.
Key Highlights
- GE Vernova T&D India invests ₹550 Million in new capacity.
- New facility to be located in Vallam, Tamilnadu.
- Production to begin by December 2026, funded internally.
- Expansion targets growing demand in domestic and export markets.
Price Impact
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