GE Vernova to Invest $16M in Indian Grid Tech Manufacturing
GE Vernova has announced a $16 million investment in India to expand its manufacturing and engineering capabilities for advanced grid technologies. The funds, deployed through GE Vernova T&D India Limited, aim to strengthen the company’s ability to meet rising power infrastructure demands in India and other emerging economies.
The investment will support the expansion of GE Vernova’s facility in Chennai (Pallavaram) and the establishment of a new engineering and test lab in Noida. These sites will produce and validate high-voltage equipment including HVDC (High Voltage Direct Current) and FACTS (Flexible Alternating Current Transmission Systems) — key technologies for stabilizing power grids, reducing losses, and integrating renewable energy sources like wind and solar.
“India continues to be a critical part of our global strategy,” said Johan Bindele, Vice President of Grid Systems Integration at GE Vernova. “Demand has surged, and these expansions will help us deliver faster and smarter solutions globally.”
Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India Limited, added that the investment comes at a pivotal time as India scales up renewable energy. “We are strengthening our ability to move more power, more sustainably, across longer distances.”
The Chennai site will manufacture critical components such as LCC HVDC valves and VSC STATCOM valves, while the Noida lab will focus on testing and control systems. The lab is expected to be operational by the end of 2025, with Chennai’s new line launching by early 2027.
This move is part of GE Vernova’s broader $4 billion global capital expenditure plan through 2028, reinforcing its “Asia for Asia” strategy to localize production and boost energy resilience across the region.
Source: solarquarter.com