GE Vernova to invest ₹1400 million in India for advanced grid tech expansion
Team Finance Saathi
14/May/2025

What's covered under the Article:
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GE Vernova to invest ₹1400 million in Chennai and Noida to expand its grid tech capabilities.
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Expansion will support HVDC and FACTS systems to stabilize grids and integrate renewables.
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Investment is part of GE Vernova’s broader Asia for Asia strategy and India’s energy transition.
GE Vernova, a global leader in energy technology and electrification systems, has announced a significant ₹1400 million (USD 16 million) investment in India aimed at expanding its manufacturing and engineering capabilities for advanced grid technologies. This bold move is part of GE Vernova’s long-term commitment to India as both a strategic market and manufacturing hub, particularly in the context of the country’s energy transition.
Focus on Next-Gen Grid Technologies
The planned investment will be executed through GE Vernova T&D India Limited, the listed Indian entity of its Electrification business. The project includes:
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A new manufacturing line at the existing facility in Chennai (Pallavaram).
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A new engineering and testing facility in Noida.
The Chennai facility will focus on producing Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) STATCOM valves. These components are critical to advanced HVDC and FACTS (Flexible Alternating Current Transmission Systems) which play an essential role in modernizing India’s power grids.
HVDC (High Voltage Direct Current) technology enables long-distance transmission of electricity with minimal loss, while FACTS technologies help manage grid fluctuations and make integration of renewable energy sources smoother and more reliable.
Enhancing Engineering Capabilities in Noida
In Noida, the company will establish a new engineering and testing laboratory. This facility will:
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Conduct design, validation, and system testing.
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Develop control systems for real-world grid operation conditions.
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Ensure the reliability, quality, and performance of future energy transmission solutions.
The Noida lab is expected to be operational by the end of 2025, while the Chennai manufacturing line will begin operations by early 2027.
Supporting India's Renewable Energy Goals
The investment supports India’s ongoing energy transition, particularly its efforts to:
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Boost renewable energy integration into the national grid.
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Reduce transmission losses by deploying cutting-edge technologies.
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Ensure grid stability even as the country moves towards higher levels of solar and wind energy use.
India’s energy needs are rapidly increasing, and so is the challenge of transmitting clean energy efficiently from remote generation points to high-demand urban centers. This expansion is designed to bridge that gap using advanced engineering and smart infrastructure solutions.
Statement from GE Vernova Leadership
Johan Bindele, VP of Grid Systems Integration at GE Vernova, highlighted the growing global demand for their products:
“Our electrification equipment backlog has more than tripled in the past year due to demand for transformers, switchgear, HVDC, and FACTS technologies. This investment boosts our capacity in India, helping us reduce supply chain dependencies and deliver faster, smarter solutions.”
Sandeep Zanzaria, MD & CEO of GE Vernova T&D India Limited, emphasized India’s strategic role:
“India is crucial to our global strategy. This investment strengthens our ability to deliver technologies that help utilities move more power with fewer losses over longer distances—sustainably.”
Strategic Initiative: “Asia for Asia”
The move is aligned with GE Vernova’s “Asia for Asia” strategy, which aims to:
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Develop localized manufacturing capabilities in Asia.
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Enhance supply chain resilience across regions.
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Contribute meaningfully to regional energy security and sustainability.
This ₹1400 million commitment is a part of GE Vernova’s previously announced $4 billion cumulative capital expenditure plan through 2028, reinforcing its focus on Asia, particularly India.
Contribution to "Make in India"
GE Vernova’s investment aligns closely with the Indian government’s “Make in India” initiative, supporting:
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Local job creation in advanced manufacturing and engineering.
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Development of India’s energy technology ecosystem.
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Export of India-made high-end equipment to global markets.
By making India a manufacturing powerhouse for electrification equipment, GE Vernova also strengthens India’s capability to lead the global clean energy race.
Current Operations and Legacy in India
GE Vernova T&D India already operates five manufacturing facilities in the country and has been serving the Indian power grid for over 100 years. This new phase of investment underscores the company’s deep-rooted commitment and confidence in India’s role in the global energy value chain.
This expansion not only positions GE Vernova at the forefront of India's clean energy revolution, but also supports broader efforts to create a resilient, modern, and efficient power transmission network—critical for both economic growth and environmental sustainability.
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