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GE T&D India hits life high after bagging order from Power Grid Corp

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Last Updated : Jul 15 2024 | 11:31 AM IST

GE T&D India added 2.92% to Rs 1,720 after the company has secured orders from Power Grid Corporation of India (PGCIL) to maintain SCADA/EMS control centers.

Shares of Power Grid Corporation of India shed 0.19% to Rs 342.45 on the BSE.

The order involves supply, installation, testing, commissioning and maintenance of SCADA/EMS control centres. The order is worth Rs 490 crore (plus GST 18%). The completion of supplies, erection & commissioning will be by January 2026.

GE T&D India is a leading player in the power transmission and distribution business. The company provides solutions for connecting and evacuating power from generations sources onto the grid.

Power Grid Corporation of India (PGCIL), a Public Sector Undertaking is India's principal electric power transmission company. The company is engaged in implementation, operation and maintenance of inter-state transmission system (ists), telecom and consultancy services.

GE T&D India hit an all time high of Rs 1,753.95 in today's intra-day session.

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First Published: Jul 15 2024 | 10:03 AM IST

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