GE Vernova Bets Big on India to Lead Next-Gen Power Grid Development

GE Vernova has announced a $16 million investment in India to strengthen its capabilities in advanced grid technologies that support the stable, reliable, and secure delivery of electricity.

The funding will be through GE Vernova T&D India Limited and will go toward expanding its current manufacturing site in Chennai and establishing a new engineering facility in Noida. The goal is to increase production and testing of critical equipment used in modern transmission systems—helping power India’s energy transition and meeting global demand.

“India continues to be a critical part of our global strategy—both for our customers and as a manufacturing hub,” said Johan Bindele, VP of Grid Systems Integration at GE Vernova. “GE Vernova’s Electrification equipment backlog has more than tripled over the past year—driven by strong demand for transformers, switchgear, and grid technologies including HVDC and FACTS. These new expansions are aimed at enhancing our capabilities in the region, helping reduce supply chain dependencies, and allowing us to deliver faster, smarter solutions to customers in India and around the world.”

“With energy demand rising and more renewables being added to the grid, the need for strong, smart, and flexible infrastructure has never been greater,” said Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India Limited. “Through this investment, we are strengthening our ability to deliver technologies that help utilities move more power, with fewer losses, over longer distances—and do it more sustainably.”

The Chennai site will add a new manufacturing line to produce key components for High Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS). These include Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) STATCOM valves—technologies that reduce transmission losses, stabilize power grids, and connect renewable energy sources to areas where power is most needed.

Meanwhile, the new Noida facility will house an engineering and test lab to support product design, system validation, and control systems development for these advanced technologies. The lab is expected to be operational by the end of 2025. The new manufacturing line in Chennai is set to begin operations in early 2027.

This investment is part of GE Vernova’s broader $4 billion global capital expenditure plan through 2028 and supports the company’s “Asia for Asia” strategy, which aims to localize manufacturing to serve regional markets more effectively and strengthen supply chain resilience.

The move also aligns with India’s clean energy goals by expanding local production of technologies that help deliver more efficient, lower-emission power across homes, businesses, and industries.