GE Vernova T&D India Gets Power Grid Award; Shares Fall 1.76%

Mumbai, November 04: GE Vernova T&D India Limited (BSE: 522275; NSE: GEVT&D) has received a Letter of Award (LoA) dated November 3, 2026, from Power Grid Corporation of India Limited for a high-voltage direct current (HVDC) transmission project.

The award follows the company’s earlier intimation on September 7, 2026, when it informed the exchanges that it had qualified as the L1 bidder for the project.

Details of GE Vernova T&D India’s Power Grid Order

The project involves the design and establishment of a 6,000 MW, ±800 kV HVDC line-commutated converter (LCC) terminal station, comprising two units of 3,000 MW each.

The facility will support the evacuation of renewable power from Barmer II to South Kalamb. GE Vernova T&D India and Power Grid will execute the definitive agreement in due course.

The company has not disclosed the contract value in the exchange filing.

Stock Market Snapshot

The GE Vernova T&D India share price was trading at ₹3,978.60, down ₹71.40 or 1.76% on Wednesday, November 4, 2026, at 9:25:46 AM IST, compared with the previous close of ₹4,050. The stock opened at ₹4,056.30.

About GE Vernova T&D India

GE Vernova T&D India Limited provides power transmission and distribution solutions, including equipment and systems used in electricity grid infrastructure. Its offerings support the transmission, distribution and integration of power into electricity networks.

Conclusion

GE Vernova T&D India has received the Power Grid award for a 6,000 MW HVDC terminal station project linked to renewable power evacuation. The definitive agreement is expected to be executed in due course, while the contract value remains undisclosed.

Source:

• https://www.nseindia.com/get-quote/equity/GVT&D/GE-Vernova-T&D-India-Limited
• https://nsearchives.nseindia.com/corporate/GETDIL1_04112026082105_GEVTDILAwardofcontractnov2026signed.pdf