GE Vernova Expands Indian Operations with ₹140 Crore Investment in Advanced Grid Technology – EQ
In Short : GE Vernova will invest ₹140 crore to expand its manufacturing in India, focusing on advanced grid technologies. The expansion includes a new line at Chennai’s Pallavaram facility for HVDC and FACTS components and a new engineering lab in Noida. This move supports India’s energy transition and aligns with GE Vernova’s “Asia for Asia” strategy for localized manufacturing and global resilience.
In Detail : GE Vernova has announced a significant investment of ₹140 crore to expand its manufacturing and engineering capabilities in India. This expansion aims to strengthen the company’s presence in the country while supporting India’s transition to advanced grid technologies. The move reflects GE Vernova’s commitment to leveraging local resources to meet the growing demand for sustainable energy solutions.
The investment will focus on establishing a new manufacturing line at the existing Chennai (Pallavaram) facility. This line will produce key components for High Voltage Direct Current (HVDC) systems and Flexible Alternating Current Transmission Systems (FACTS). These include Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) Static Synchronous Compensator (STATCOM) valves, crucial for stabilizing power grids and integrating renewable energy.
In addition to the Chennai facility, GE Vernova plans to set up a new engineering and testing lab in Noida. This facility will support the development and validation of next-generation grid solutions, ensuring quality and performance in real-world conditions. It will also play a pivotal role in designing control systems that optimize transmission efficiency and reduce energy losses.
The Noida engineering lab is expected to become operational by the end of 2025, while the new manufacturing line in Chennai is projected to be ready by early 2027. These developments will enhance GE Vernova’s ability to meet both domestic and export demands, particularly from rapidly growing economies that require advanced transmission infrastructure.
This expansion is part of GE Vernova’s “Asia for Asia” strategy, emphasizing localized manufacturing to serve regional markets more effectively. By investing in Indian facilities, the company aims to contribute to the country’s vision of becoming a global hub for renewable energy technologies. The project also aligns with India’s “Make in India” initiative, fostering self-reliance and sustainable growth.
GE Vernova has been an integral part of India’s power sector for over a century, operating five manufacturing units across the country. The new investment reinforces its long-standing commitment to supporting India’s evolving energy landscape while also addressing global supply chain challenges through local production and innovation.
