Business · India Bureau
GE Vernova T&D secures major HVDC transmission contract in India
The company has achieved L-1 (lowest bidder) status for a significant high-voltage direct current transmission project, substantially strengthening its revenue outlook. The contract win is expected to drive order inflows to approximately Rs 23,100 crore, nearly quadrupling its projected FY26 revenue.
LSN India ·
GE Vernova Transformers & Distributors has secured the lowest-bidder position for the Barmer II-South Kalamb high-voltage direct current (HVDC) transmission project, marking a major milestone for the company's growth trajectory in India's power infrastructure sector.
The order, expected to substantially boost the company's order book, reflects India's ongoing push to strengthen its long-distance power transmission capabilities. HVDC technology enables efficient bulk power transmission over extended distances with minimal losses, a critical requirement as the nation expands its renewable energy grid.
With L-1 status confirmed, GE Vernova T&D's anticipated order inflows are projected to reach around Rs 23,100 crore, providing significant visibility into medium to long-term revenue streams. This represents a substantial expansion from the company's FY26 revenue projections, underscoring the growing demand for advanced transmission infrastructure across South Asia's fastest-growing major economy.
The contract win positions GE Vernova T&D favorably within India's transmission sector, where major infrastructure development and grid modernization initiatives continue to create substantial opportunities for specialized equipment manufacturers and solution providers.