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(22 Dec 2025, 10:25)

GE Vernova T&D rallies after securing HVDC Project

GE Vernova T&D India surged 7.54% to Rs 3,147.90 after the company announced that it has secured an order from AESL Projects for the establishment of a high-capacity High Voltage Direct Current (HVDC) terminal station.


According to an exchange filing, the order involves the design and establishment of a 2,500 MW, ±500 kV HVDC Voltage Source Converter (VSC) terminal station, comprising two units of 1,250 MW each. The project is aimed at evacuating renewable power from KPS 3 (Khavda) to South Olpad. The company added that the execution of the project will be spread over multiple years.

GE Vernova T&D India is a leading player in the power transmission and distribution business. The company provides a versatile and robust range of solutions for connecting and evacuating power from generation sources onto the grid, providing utilities with the tools needed to support the increase in demand swiftly.

On a standalone basis, the company’s net profit climbed 107.1% to Rs 299.48 crore, while net sales jumped 38.9% to Rs 1,538.46 crore in Q2 September 2025 over Q2 September 2024.

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