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GE Vernova to invest ₹140 crore to expand manufacturing operations in IndiaIn a stock exchange filing, the company said the investment will be carried out through GE Vernova T&D India Ltd, the firm’s listed electrification business in India. It includes the development of a new manufacturing line at GE Vernova’s existing Chennai facility in Pallavaram and the establishment of a new engineering and test lab in Noida, Uttar Pradesh.By CNBCTV18.com May 14, 2025, 11:08:29 AM IST (Published)3 Min ReadGE Vernova on Wednesday, May 14, said company said it will invest ₹140 crore ($16 million) to expand its manufacturing and engineering footprint in India.

The move comes amid rising demand for advanced grid infrastructure and aligns with India’s push toward renewable energy and stronger transmission capabilities.

In a stock exchange filing, the company said the investment will be carried out through GE Vernova T&D India Ltd, the firm’s listed electrification business in India. It includes the development of a new manufacturing line at GE Vernova’s existing Chennai facility in Pallavaram and the establishment of a new engineering and test lab in Noida, Uttar Pradesh.

These facilities will focus on manufacturing and validating advanced grid technologies, particularly High Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS). These technologies are critical for stabilising power grids, minimising transmission losses, and integrating renewable energy sources like solar and wind into the grid.

“India continues to be a critical part of our global strategy—both for our customers and as a manufacturing hub,” said Johan Bindele, Vice President of Grid Systems Integration at GE Vernova. “GE Vernova’s Electrification equipment backlog has more than tripled over the past year driven by strong demand for transformers, switchgear, and grid technologies including HVDC and FACTS," he added.

"Through this investment, we are strengthening our ability to deliver technologies that help utilities move more power, with fewer losses, over longer distances and do it more sustainably," said Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India Ltd.

The new manufacturing line in Chennai will produce Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) STATCOM valves—critical components for long-distance transmission and renewable energy integration. Meanwhile, the Noida lab will support design, system validation, and control systems testing to ensure high-quality performance in real-world grid environments.

The Noida facility is expected to be operational by the end of 2025, while the Chennai expansion is scheduled to begin operations in early 2027.

This initiative is a part of GE Vernova’s larger capital expenditure plan of about $4 billion through 2028 and supports the company’s “Asia for Asia” strategy—aimed at boosting regional manufacturing capacity and strengthening global supply chain resilience.

At present, GE Vernova T&D India operates five manufacturing facilities across the country and has been serving India’s power grid for over a century.

Shares of GE Vernova were trading 4.33% higher at ₹1,769.9 apiece on the BSE at 11 am.

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