GE Power India Ltd (GEPIL) has received a letter of intent from NTPC GE Power Services Pvt Ltd (NGSL) for renovation & modernization of steam turbines in Gujarat. The order, valued at Rs.243.46 crore (exclusive of Read more
GE Power India Ltd (GEPIL) has announced the winning of two FGD-related orders aggregating around Rs.750 crore, both placed by Jaiprakash Power Ventures Ltd (JPVL). In a stock exchange communication, GE Power India said that both the orders involve Read more
The new order inflow for GE Power India Ltd (GEPIL) in FY23 was more than twice its level in FY22, according to a company investor presentation. GEPIL said that the new order inflow in FY23 stood at Rs.1,635 crore Read more
GE Power India Ltd (GEPIL) has attained close to 100 per cent self-sufficiency in the flue-gas desulphurization (FGD) business, according to senior company officials. Addressing an investor conference recently, GEPIL officials stated that it has made significant progress in Read more
Parent company GE Steam Power has decided to reduce its stake in GE Power India Ltd and eventually “de-promotorise” the Indian company, over the next 36 months. In a communication to stock exchanges, GE Power India Ltd said that Read more
After a gap of ten years, GE Power India has restarted work on the mega Subansiri hydropower project, which was stifled by agitation at the project site. In a release, GE Power India said that it Read more
GE Power India Ltd has maintained the order inflow in Q3 (October to December) of FY21 as compared with that in the immediately preceding quarter. In an investor presentation filed on the stock exchanges, GE Power India Read more
GE Power India Ltd (GEPIL), in a stock exchange communication, has reiterated its commitment to the flue-gas desulphurization (FGD) business in India, even as parent company GE has announced that it would exit the new coal business. GEPIL has Read more
On September 21, 2020, GE announced that it would exit completely from the new-build coal market. Here is a summary report on the impact that the parent company’s decision would have on the business activity Read more