GE Vernova T&D India Ltd
NSE: GVT&D BSE: 522275
₹4466.20
(-0.29%)
Fri, 01 May 2026, 03:52 pm
Market Cap1143.39B
PE Ratio107.08
Dividend0.11
Company History
2000
- The Scheme of Amalgamation, under which the Kerala-based Alstom T&D Distribution Transformers Ltd. would merge with Alstom Ltd. has been duly sanctioned by the High Courts at Calcutta and Ernakulam.
- Alstom Ltd, the domestic outfit of France's $20-billion Alstom is considering a merger with ABB Alstom Power India, another group company.
2002
- Mr K K Moradian MD submits his resignation, Dr Krishna Pillai appointed as MD.
- Board co-opted Mr Ajay Dhagat as the Additional Director on the Board of the company.
2003
- Promoters of the company offload 4.15% of the equity to persons acting in concert.
- Signs a 50mn Euro contract with Jayaprakash Power Ventures Ltd India, for the supply of major hydro-generating plant equipment for 400MW.
- Bags Rs.87cr contract from Hindalco Industries.
- Sells its Transmission & Distribution activities to Areva for 950 mn Euros.
- Members approve for delisting of shares from Madras Stock Exchange.
- Areva buys Alstom's worldwide Transmission & Distribution business
2004
- Alstom bags order worth Rs 500 Cr from GVK Industries
2005
- Company has changed its name from Alstom Ltd. to Areva T&D India Ltd.
- HSBC Securities & Capital Markets (India) Pvt Ltd has announced the Open Offer to the shareholders of Alstom Ltd to acquire up to 7,977,495 fully paid up equity shares.
2007
- Areva T&D India Ltd has appointed Mr. Rathin Basu as Managing Director of the Company, in place of Mr. A K Dhagat.
2008
- Areva T&D India Ltd has informed that the Board of Directors of the Company at its meeting held on February 28, 2008, inter alia, has accepted the resignation of Mr. M V Dhekne from the Board and in his place Mr. Subir Raha was included to the Board.
- Areva T&D India and GE Consumer and Industrial-India on Sept 29 declared a strategic partnership to concentrate on turnkey electrical solutions.
- The Company has splits its face value from Rs10/- to Rs2/-.
- Registered Office of the Company has been shifted From D-2, Gillander House, 8 Netaji Subhas Road, Kolkata to DLF IT Park, No. 8, Major Arterial Road Block-AF, Tower C, 8th Floor New Town-Rajarhat Kolkata
2009
- State Electricity Transmission Company Limited has awarded Areva T&D India the Rs 110 crore contract for construction of WBSETCL's third 400 KV substation in Kharagpur.
2010
- Areva T&D India Ltd has won 1500 MINR contract for Indiabulls Amravati and Nasik Power Projects.
2011
- Alstom wins contract via NASL to retrofit air quality control system in India
- Alstom has signed a contract worth nearly one billion euros to build a new power plant in Estonia
- Alstom-led consortium wins contract worth over 285 million to build India's first variable speed pumped storage hydro power plant
- Alstom wins 180 MW Gas Turbine order for a power plant in Bangladesh
2012
- Alstom Grid wins contract worth around 25 million for a 765 kV Extra High Voltage substation in India
- Alstom T&D India wins a 400 kV substation contract worth 840 MINR from Chattisgarh State Power Transmission Co. Ltd.
- Alstom T&D India has successfully commissioned electrical balance of plant package for Salaya Project.
- Alstom T&D India wins 960 MINR contract from MSETCL for 400 kV Gas-insulated substation in Maharashtra.
- Alstom T&D India wins 410 MINR contract for 400/220kV substation at Daltonganj.
- Alstom and Druk Green Power Corporation to establish a joint venture for services of hydro components in Bhutan.
- Alstom T&D India wins 1580 MINR contract for 400 kV substation at Meja.
- Alstom wins 800 kV UHVDC contract in India.
- Company has changed its name from Areva T&D India Ltd. to Alstom T&D India Ltd.
- Registered Office of the Company has been shifted from E-48/7, Okhla Industrial Area, Phase II, New Delhi to A-18, First Floor, Okhla Industrial Area, Phase II, New Delhi
2013
- Alstom T&D India supports major power infrastructure plans across the country.
- Alstom T&D India supplies Balance of Plant solution to Super Thermal Power Project.
- Alstom T&D India successfully delivers Power Grids 230 kV transmission project in Myanmar.
- Alstom T&D India wins two substation orders from AP Transco.
- Alstom T&D India wins major 400 kV gas-insulated substation orders for Himachal Pradesh.
2014
- Alstom T&D India to upgrade grid infrastructure in eastern India.
- Alstom T&D India will supply turnkey substation at Bihta for BSPTCL.
- Alstom T&D India to Supply Power transformers in Bhutan.
- Alstom T&D India wins a Smart Grid contract from Power Grid Corporation of India Limited
2015
- Alstom T&D India successfully commissions Rajasthan's first 765kV substation at Anta
- Alstom T&D India Flags-Off country's first 'Made in India' 800 kV HVDC transformer for the Champa - Kurukshetra UHVDC link
- Alstom T&D bags Rs. 56.90 cr order from Bhabha Atomic Research Centre
- The European Commission and the US Department of Justice approve the transaction between Alstom and General Electric
2016
- Alstom T&D India bags two orders worth Rs 202 cr from PGCIL
- Alstom T&D India changes name to GE T&D India Ltd
- Alstom wins the Excellence in Make-in-India award at Metro Rail Asia Summit 2016 in India.
2017
- GE commissions Pole 2 of Champa-Kurukshetra HVDC link, an energy highway transmitting 3000 MW for the first time in India.
2018
- GE T&D India agreement with Alstom, GE has completed the acquisition of Alstom's minority ownership of the three joint ventures.
2019
- GE T&D India bagged a Rs 162 crore order from Power Grid Corporation to set up a high-voltage substation in Bhuj.
2020
- GE T&D India bags order from PowerGrid, to set up GIS bays at Phagi in Jaipur.
- GE T&D India Ltd was awarded a supervisory control and data acquisition (SCADA) and advanced distribution management solution (ADMS) project by JKPDD.
2021
- GE T&D India bags order from PowerGrid, to set up GIS bays at Phagi in Jaipur.
- GE T&D India has agreed to sell its Global Engineering Operations Division (India for Global) to GE India Industrial.
2023
- GE T&D India Ltd. secures multi-crore orders from Power Grid Corporation of India for grid modernization projects.
2024
- The Company name has changed to GE Vernova T&D India Ltd. from GE T&D India Ltd.
- The Company has secured an order worth Rs 305 crore from state-owned Power Grid Corporation of India.
- The Company Bags Powergrid Order for Transmission Asset Management Centre in Odisha.
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