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(As on May 14, 2025, 11:37)

GE Vernova to invest Rs 1,400 mn to boost grid equipment manufacturing in India

GE Vernova, a global energy manufacturing leader, has announced plans to invest approximately Rs 1,400 million (USD 16 million) in India to expand its electrification manufacturing and engineering footprint. This strategic investment, aimed at strengthening India’s grid infrastructure, will be executed through its listed entity, GE Vernova T&D India Limited.

The expansion includes the addition of a new manufacturing line at GE Vernova’s existing facility in Chennai (Pallavaram) and the establishment of a new engineering and test facility in Noida. These enhancements will bolster the production and validation of next-generation equipment essential for modern power transmission systems.

The Chennai facility will manufacture Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) STATCOM valves—key components in High Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS). These technologies are crucial for improving grid stability, reducing transmission losses, and integrating renewable energy sources such as solar and wind into the power grid.

The Noida site will feature an advanced lab for engineering design, system validation, and control systems, aimed at ensuring high-performance standards in real-world grid environments. The lab is scheduled to be operational by the end of 2025, with the Chennai manufacturing line expected to launch by early 2027.

Johan Bindele, VP of Grid Systems Integration at GE Vernova, emphasized India’s role as a pivotal part of the company’s global manufacturing and supply strategy. He noted a threefold increase in the demand for grid technologies over the past year, including transformers, switchgear, HVDC, and FACTS.

Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India, highlighted the rising energy demand and the growing need for robust, efficient infrastructure. He stated that the investment aligns with India’s energy transition goals and will enable the delivery of advanced technologies to move power more efficiently and sustainably.

Part of GE Vernova’s broader $4 billion global capex plan through 2028, the investment supports the company’s “Asia for Asia” strategy—developing local capabilities to serve regional demand and strengthen global supply chain resilience. It also complements India’s vision to become a renewable energy hub by promoting “Make in India” initiatives.

GE Vernova T&D India currently operates five manufacturing facilities nationwide and has supported India’s electricity grid for over a century.

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