GVT&D T&D India Emerges as L1 Bidder for ₹13,000 Crore HV

T&D India Emerges as L1 Bidder for ₹13,000 Crore HVDC Project GE Vernova T&D India is in focus after emerging as the L1 bidder for a major 6,000 MW HVDC transmission project from Power Grid Corporation of India. The project covers the design and establishment of a ±800 kV HVDC LCC transmission system to evacuate renewable power from Barmer-II in Rajasthan to South Kalamb in Maharashtra. With an estimated value of around ₹13,000 crore, the project could play a key role in strengthening India’s renewable-power transmission infrastructure. 📊 KEY HIGHLIGHTS 🔹 Company: GE Vernova T&D India 🔹 Project Capacity: 6,000 MW 🔹 Technology: ±800 kV HVDC LCC 🔹 Client: Power Grid Corporation of India 🔹 Route: Barmer-II, Rajasthan → South Kalamb, Maharashtra 🔹 Status: L1 Bidder 🔹 Estimated Value: ~₹13,000 crore The development sparked strong buying interest in the stock, which gained nearly 8% intraday on September 8. Brokerage commentary also pointed to the company’s favorable positioning amid India’s growing power-transmission capital expenditure cycle. 📌 Capital Investo Research Insight: Emerging as the L1 bidder is a notable positive, although it does not represent a final contract award. Investors should monitor the formal order confirmation, execution schedule and project margins. The development also underscores the long-term growth opportunity arising from India’s expanding renewable-energy transmission infrastructure. Investment in securities market are subject to market risks. Read all the related documents carefully before investing, #CapitalInvestoResearch #GEVernova #PowerGrid #HVDC #PowerTransmission #RenewableEnergy #Infrastructure #PowerSector #StocksInFocus #StockMarket #NSE #BSE