GE Vernova is trading 3.15% up now at $971.62 after GE Vernova T&D India emerged as the lowest bidder on September 7 for Power Grid’s 6,000 MW, ±800 kV HVDC transmission project.
- The project will transmit renewable energy from Barmer II to South Kalamb.
- Analysts estimated potential value near ₹13,000 crore and raised target prices.
- Broader energy strength supports sentiment, despite weaker U.S. indexes.