GE Vernova Secures ₹400 Crore Sterlite Power Deal

GE Vernova T&D India has won a ₹400 crore contract from Sterlite Power to supply and oversee high-voltage power transformers and reactors for the Khavda project. The deal highlights GE Vernova’s strength in delivering robust power transmission solutions. Scheduled for completion within two years, this project reinforces its role in supporting India’s growing energy demands. The announcement boosted the company’s stock and reflects its recent strong financial performance, with notable profit growth in Q2 FY25.