GE Vernova to Invest INR 1,400 Million in India to Expand Manufacturing Footprint
GE Vernova, one of the leading global energy manufacturing companies, plans to invest approximately INR 1,400 million (USD 16 million) in India to expand its electrification manufacturing and engineering footprint. The investment will be used to develop a new manufacturing line at its existing facility in Chennai and a new facility in Noida. These expansions will enhance GE Vernova T&D India Limited's ability to manufacture and test key next-generation equipment used in modern transmission systems, supporting both India’s energy transition and export demand from other fast-growing economies. The new expansions will focus on High Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS) technologies.
Key Highlights
- GE Vernova to invest INR 1,400 million in India for manufacturing and engineering footprint expansion
- New manufacturing line at existing Chennai facility to produce Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) Static Synchronous Compensator (STATCOM) valves
- New engineering and test lab in Noida to support design and system validation for HVDC and FACTS solutions
- Investment part of GE Vernova’s broader ‘Asia for Asia’ strategy and supports India’s ambition to become a renewable energy leader
- GE Vernova T&D India currently operates five manufacturing facilities across the country and has served the Indian grid for over 100 years