SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Areva T&D India gets approval for demerger of the Distribution Business of the company

30 May 2011 Evaluate

Areva T&D India has received an approval for the final scheme for demerger of the distribution business of the company, to its wholly owned subsidiary - Smartgrid Automation Distribution and switchgear. The company has received an approval for demerger at its board meeting held on May 28, 2011.

The company’s net profit from ordinary activities after tax for the first quarter has zoomed by 729.39% at Rs 28.78 crore as compared to Rs 3.47 crore for the corresponding quarter last year. Its total income has increased by 28.07% at Rs 994.91 crore for the quarter under review from Rs 776.84 crore in the corresponding previous quarter.

Recently, Areva T&D India had been awarded eBOP (electrical Balance of Plant) contract by L&T Power for Visa Power. The value of the contract was worth approximately Rs 120 crore, was for supply and installation of electrical Balance of Plant solutions for the upcoming 2x600 MW super thermal power plants at Raigarh, Chhattisgarh.

Areva T&D India is a leading player in the Power Transmission and Distribution business upto Extra High Voltage levels (765 kV) and is prepared to meet the demands for equipments and services even at Ultra High Voltage levels (1200 kV).

GE Vernova T&D India Share Price

4465.55 -16.40 (-0.37%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1240.85
Siemens 3817.80
Apar Inds 12332.40
ABB India 7229.05
Waaree Energies 3117.45
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:

×