GE Vernova to invest Rs 140 crore to expand centre for advanced grid manufacturing
GE Vernova has set aside a capex of approx. Rs 140 crore (USD 16 million) to expand its electrification manufacturing and engineering presence in India.
The investment, to be made through its listed entity GE Vernova T&D India will support the rising demand for advanced grid technologies crucial for delivering stable, secure, and reliable electricity.
The initiative includes the establishment of a new manufacturing line at the company’s existing centre in Chennai (Pallavaram), as well as the creation of a new facility in Noida.
These expansions aim to boost the company's capacity to develop, manufacture, and test next-generation equipment for modern transmission systems.
In Noida, GE Vernova T&D India will build an engineering and test laboratory dedicated to system design validation and control systems testing, ensuring equipment performance in real-world grid conditions.