Shares of GE T&D India Ltd hit a 5% upper circuit and a 52-week high of Rs 1,720.95 on 4 July after securing two work orders worth 90 million euros for the supply and supervision of high-voltage products.
In its regulatory filing, the company said that the first order, worth 64 million euros, for the supply and supervision of high-voltage products from Grid Solutions SAS, has to be completed in two years.
The second order is from GRID SOLUTIONS Middle East FZE, Dubai for similar high voltage products that is worth 26 million Euros and has to be completed in a period of two years.
The company provides an extensive array of solutions to effectively connect power generation sources to the grid, enabling utilities to easily manage growing demand.
GE T&D India delivers a broad portfolio of products, ranging from medium to ultra-high voltage (up to 1200 kV) for the power generation, transmission, and distribution sectors. Their offerings encompass power transformers, circuit breakers, gas-insulated switchgear, instrument transformers, substation automation equipment, digital software solutions, turnkey solutions for substation engineering and construction, Flexible AC Transmission Systems (FACTS), High Voltage DC (HVDC) systems, and comprehensive maintenance support.
With operations across five manufacturing facilities, GE T&D India positions itself strategically to address the industry’s evolving requirements for reliable grid equipment and services.
At 2:53 pm, the shares of GE T&D India were trading 4.15% higher at Rs 1,707 on NSE.