GE Vernova T&D India Limited, formerly known as GE T&D India Limited, has been a pivotal player in India’s power transmission and distribution sector for over a century. The company underwent a rebranding on November 5, 2024, adopting the GE Vernova T&D India Limited name to align with GE’s global energy transition initiatives.
Company Overview
As a subsidiary of GE Vernova’s Grid Solutions business, GE Vernova T&D India Limited offers a comprehensive range of solutions designed to connect and evacuate power from generation sources to the grid. These solutions empower utilities to efficiently manage increasing energy demands, supporting the integration of renewable energy sources and enhancing grid reliability.
Financial Performance
As of March 17, 2025, GE Vernova T&D India Limited’s stock was trading at ₹1,456.05, reflecting a 1.96% increase from the previous close. The company’s market capitalization stood at approximately ₹40,825.34 crore, positioning it as the 13th largest entity within the power sector. Over the past year, the stock has experienced significant growth, with a 93.80% increase, indicating strong investor confidence and robust financial health.
Dividend Announcement
In May 2024, the company declared an equity dividend of 100% on a face value of ₹2.00, amounting to ₹2 per share. The ex-dividend date was August 28, 2024, underscoring the company’s commitment to delivering value to its shareholders.
Strategic Initiatives and Market Position
GE Vernova T&D India Limited has been instrumental in accelerating India’s energy transition. The company’s systems facilitate the transmission of electricity from renewable resources in remote locations to urban demand centers. Their grid orchestration solutions enable utilities to navigate the complexities of a sustainable energy grid, with 50% of India’s power flow being monitored through their digital solutions.
The company’s robust market position is further evidenced by its financial metrics: a Price-to-Earnings (P/E) ratio of 84.0, a Return on Capital Employed (ROCE) of 23.1%, and a Return on Equity (ROE) of 15.7%. These figures highlight efficient capital utilization and profitability.
Recent Developments
In February 2025, GE Vernova T&D India Limited received a significant order from Power Grid Corporation of India Limited, valued at approximately ₹5 billion. This order underscores the company’s leading role in India’s power infrastructure development.
Conclusion
GE Vernova T&D India Limited continues to solidify its position as a leader in India’s power transmission and distribution sector. Through strategic initiatives, financial resilience, and a commitment to innovation, the company is well-positioned to contribute to India’s evolving energy landscape.
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