GE T&D India receives 155-million euro orders from overseas group entities
- September 12, 2024
GE T&D India Ltd has received orders worth 150 million Euros from overseas group entities, the company announced.
In recent stock exchange filings, GE T&D India said that it has received two orders aggregating 150 million Euros (approximately Rs.1,434 crore) from its international group entities.
The first order, valued at 100 million Euros was placed by Grid Solutions SAS, France while the second, worth 55 million Euros, was awarded by Grid Solutions Middle East FZE, Dubai.
Both the orders relate to supply and supervision of high-voltage products, GE T&D India said, without specifying further details.
The mandates are scheduled for completion by 2029, the filings said, adding that the high-voltage products ordered will form part of an overall project being executed by the respective group entity for its end-customer.
In July this year, GE T&D India had received similar orders, worth 90 million Euros, from these two very entities.
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Featured collage (source: GE T&D India) is for representation only.