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GE Vernova gets nod to invest Rs 55 crore in new Tamil Nadu facility

19 May 2026 Evaluate

GE Vernova T&D India has received approval for investment of Rs 55.00 crore towards creating new capacity for Disconnectors and Drives for 362 kV Dead Tank Circuit Breakers. The capacities will be established at a new facility located in Vallam, Tamilnadu. The Board of Directors of the company at its meeting held on May 18, 2026 has approved the same.

With this investment, the company will introduce these products for India and International market. Presently, the capacities of these products are Nil. The aforesaid expansion will be completed in phases and first production will be rolled out by December ‘2026 (Tentatively) and will be funded through internal accruals. This strategic investment will enable the company to meet growing demand for power transmission equipment and serve its customers in domestic as well as export markets.

GE Vernova T&D India (Formerly known as GE T&D India) is a leading energy player in the country with strong capabilities in engineering, manufacturing, project management and supply of products and solutions for power generation and transmission infrastructure requirements.

Peers
Company Name CMP
Waaree Energies 2470.80
Apar Industries 17171.00
Havells India 1081.25
Suzlon Energy 39.65
Siemens 3797.15
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