GE Vernova is is planning to invest approximately Rs 1.4 billion to expand its electrification manufacturing and engineering footprint in India.
The investment will be undertaken by GE Vernova T&D India Limited, the listed entity of GE Vernova’s electrification business in the country. It includes the development of a new manufacturing line at its existing facility in Pallavaram, Chennai, and the establishment of a new facility in Noida.
The expansion aims to boost the company’s capacity to manufacture and test next-generation transmission system equipment, with a focus on high-voltage direct current and flexible alternating current transmission systems technologies.