GE Vernova T&D India wins HVDC terminal station contract

Key Highlights
GE Vernova T&D India has received a Letter of Award from Power Grid Corporation of India to build a new HVDC terminal station for renewable energy.
GE Vernova T&D India received a Letter of Award from Power Grid Corporation of India for a major infrastructure project. The company will design and establish a 6000 MW, ±800 kV High Voltage Direct Current terminal station to support renewable energy evacuation. This follows the company qualifying as the L1 bidder for the project earlier this year.
The project involves building a 2×3000 MW terminal station to transport renewable power from Barmer II to South Kalamb. GE Vernova T&D India stated that it received the formal award document on November 3, 2026. Both the company and Power Grid Corporation of India plan to sign a definitive agreement for the work in the coming period.
This development follows an initial notification from September 7, 2026, regarding the company’s status as the lowest bidder for the contract. The company disclosed these details to the stock exchange in accordance with the SEBI Listing Obligations and Disclosure Requirements Regulations of 2015. No further financial terms or specific timelines for the completion of the construction were provided in the filing.
Based on company and agency reports. For information only; not investment advice.