Announced Mon, 7 Sept, 2026 · 17:06 IST
GE Vernova T&D India bags L1 bid for 6000 MW HVDC project from Power Grid
GVT&D · price
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Price reaction · full curve 14 horizons · vs prior close
+7.3%1-day move
₹4356.70
prior close
₹4636.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.0+0.3+1.4+7.3+4.3+4.4-2.5-2.1+1.4-3.6-3.6——
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AI summary
GE Vernova T&D India has been declared L1 bidder by Power Grid Corporation of India for design, supply and execution of a 6000 MW, plus or minus 800 kV HVDC LCC Terminal Station (2x3000 MW) from Barmer II to South Kalamb, meant for evacuating renewable power. The order is domestic, awarded by a government PSU, and will be executed over multiple years. No specific order value has been disclosed.
Likely market impact
Large multi-year HVDC win from government PSU Power Grid strengthens order book and future revenue visibility, a positive signal for the stock.