SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Alstom T&D India bags three new contracts worth Euro 33 million from Power Grid

04 Aug 2015 Evaluate

Alstom T&D India has been awarded three new contracts worth approximately €33 million (Rs 231.7 crore) by Power grid Corporation of India (Power Grid) to supply transformers and shunt reactors for 765/400kV substation situated at Agra in Uttar Pradesh and spare units of 765kV transformers and reactors as part of Eastern and Southern Region Strengthening Schemes. These contracts demonstrate the company's expertise in transformers and reactors domain. The products for all these contracts will be delivered from Alstom T&D's world class factory at Vadodara in India.

Once commissioned, these substations at Agra will help transmit power from the Lalitpur Thermal Power Plant to meet the growing demand for electricity in the northern region of the country. With strong references up to 800 kV and 2750 MVA in major power networks worldwide, Alstom Grid is one of the world leaders in the manufacturing of electrical power transformers and reactors.

Alstom T&D India is part of Alstom Grid, a global player in electrical grids. The company’s India operations account for over 13% of overall revenues garnered by Alstom Grid’s global operations. Apart from India business, other major contributors are the operations in France, the US, Germany and China.

GE Vernova T&D India Share Price

4626.60 -159.35 (-3.33%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1255.50
Siemens 3823.90
Apar Inds 12808.00
ABB India 7009.05
Waaree Energies 3229.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×