BAJAJ BROKING

Notification
No new Notification messages
One Mobikwik Systems IPO is Open!
Apply for the One Mobikwik Systems IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

GE T&D India Secures ₹490 Crore Order from Power Grid Corporatio

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

GE T&D India receives ₹490 crore order from Power Grid Corporation for SCADA/EMS control centres, to be completed by January 2026. Additionally, the company secured two international orders totalling €90 million.

GE T&D India News Today

GE T&D India Ltd. has announced a significant order from Power Grid Corporation of India Ltd. for the supply, installation, testing, commissioning, and maintenance of SCADA/EMS control centres, solidifying its position as a key player in the power infrastructure sector.

Overview of the Order

The ₹490 crore order involves the establishment of SCADA/EMS control centres, crucial components in the power system that monitor, adjust, and coordinate the system’s performance. The project is scheduled for completion by January 2026, according to the company’s exchange filing.

SCADA/EMS Control Centres

SCADA (Supervisory Control and Data Acquisition) systems are on-premise solutions that control and store data on physical servers. These control centres act as the central nervous system of the power grid, providing real-time monitoring and control to ensure efficient and reliable operation.

International Orders

In addition to the domestic order, GE T&D India recently secured two international contracts. The first, worth €64 million, was awarded by Grid Solutions SAS, France, for the supply and supervision of high-voltage products. This project is set to be completed over two years.

The second international contract, worth €26 million, was placed by Grid Solutions Middle East FZE, Dubai, also involving the supply and supervision of high-voltage products. This order too will be executed over two years.

Stock Performance

Last Friday, GE T&D India share prices remained stable at ₹1,688, marking a high of ₹1,710. The GE T&D share prices have seen a remarkable 219% rise this year, tripling in value.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text