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The National Company Law Tribunal (NCLT) approves the transfer of GE Power India’s thermal power equipment business to JSW Energy under a Scheme of Arrangement. This move formalizes the acquisition of GE’s identified assets in the sector, enabling JSW Energy to expand its power equipment portfolio. The decision follows regulatory scrutiny and aligns with both companies’ strategic objectives in the energy infrastructure space.
Oct 2026Free Press JournalNews article
GE Power India reports a **55% year-over-year profit increase to ₹53.7 crore** in Q1 FY27 (quarter ended June 30, 2026), up from ₹34.7 crore in Q1 FY26. The company also sees **revenue growth of 7.6%** during the same period. Financial results highlight stronger profitability amid expanding operations.
Aug 2026Free Press JournalNews article
GE Power India wins a **Rs 382 million** contract from **NTPC Limited** to supply generator components for the **Talcher power plant**. The deal covers critical parts essential for maintaining operations at the site. NTPC, India’s largest power utility, relies on GE’s expertise for equipment upgrades and reliability.
Apr 2025Power LineNews article
GE Power secures a **Rs 273.5 crore subcontract** as part of an **Rs 863.4 crore ($113 million) deal** to supply and install electro-mechanical packages for **1,280 MW of vertical Francis pump turbine machines**. The contract, originally awarded in **April 2022**, covers **3 x 320 MW and 2 x 160 MW fixed-speed units**. The win follows GE Power’s role in delivering critical components for large-scale hydroelectric projects.
Feb 2025The Economic TimesNews article