GE T&D India reports order inflows of Rs.21.7 billion in FY22

 

GE T&D India, in a release, said that it received orders worth Rs.21,667 million in FY22, down 5.4 per cent year-on-year. In FY21, the company had won orders valued at Rs.22,904 million.

Key order wins in FY22 included:

• 400kV switchyard package under Green Energy Corridor (GEC) scheme at Gadag Substation from Renew Power Ltd
• 420kV Gas-Insulated Substation (GIS) at Kalawad Substation for GETCO in Gujarat from SMS
• 245/72.5kV Gas-Insulated Substation (GIS) at Bhildi Substation for GETCO in Gujarat from SMS
  Various 200/66/33kV Gas Insulated Substations (GIS) packages at Chumdo, Dagapela, Samcholing from Bhutan Power Company
• 400kV switchyard package and 400kV transformer reactor package under Green Energy Corridor(GEC) scheme at Koppal Substation from Renew Power Ltd
• 6×500 MVA 765kV ICTS transformer package from PGCIL
• 6x500MVA 765kV ICTS transformer package in MJ TR22 package at Fatehgarh from PGCIL
• 245kV GIS at Gandhinagar Substation from Torrent Power
• 400kV Switchyard package and 400kV 150MVA Transformer package at Bikaner Rajasthan
• 300MW Renewable power plant from Renew Power Ltd
• 110kV Air Insulated Substations (AIS) to 110kV GIS at Shoranur substation from via Kerala State Electricity Board

Also read: GE Lands Major PGCIL Order For 765kV Transformers And Reactors

Order inflows & order book

Of the Rs.21,667 million worth of orders booked in FY22, domestic orders accounted for Rs.14,666 million or 68 per cent. The remaining 32 per cent came from the exports market. Also, seen on a quarterly basis, bookings during Q2 of FY22 (July to September), at Rs.6,341 million, were the highest. (See table)

As of March 31, 2022, GE T&D India had an outstanding order book of Rs.37,227 million. Of this, around 61 per cent were from private sector clients. Another 21 per cent came from state government utilities while the remaining 18 per cent was from Central government utilities.

 

Operational excellence

Commenting on the company’s performance in FY22, Pitamber Shivnani, Managing Director & CEO of GE T&D India Ltd, said, “During the year we continued to demonstrate our operational excellence by commissioning 21 AIS and GIS substations, strengthening the Nation’s transmission network, and adding new capacity into the Grid. This includes commissioning of a 765kV GIS substation for PGCIL at Phagi in Rajasthan. The project is a major milestone for the company, given the complexities, related to terrain and weather, involved in the project.”

“As a leader in the innovation of modern grid solutions, we will continue to work closely with Government and our customers to implement solutions that will help India accelerate in its energy transition journey. As of March 2022 end, we are well positioned with an order backlog of over INR 37.2 billion,” Shivnani added.

 

 

Featured collage shows key project commissioned by GE T&D India in FY22 for Adani Power at Mohindergarh in Haryana (left) and for GETCO at Shapar in Gujarat.