GE Vernova T&D India share price jumps 8% | Rises 49% YTD. What's behind the rally?
New Delhi, Sept. 8 -- GE Vernova T&D India share price jumped as much as 7% on NSE in Tuesday's trading session after the company announced that it had emerged as L1 bidder or a Power Grid Corporation of India project.
GE Vernova T&D India shares opened at Rs.4,636.10 on NSE today, as compared to previous close of Rs.4,367.20. The stock touched an intraday high of Rs.4,733.30 on 8 September.
In an exchange filing dated 7 September, GE Vernova T&D India said the project entails the design and development of a 6,000 MW, ±800 kV High Voltage Direct Current (HVDC) Line Commutated Converter (LCC) terminal station to evacuate renewable energy from Barmer II in Rajasthan to South Kalamb in Maharashtra.
The project will comprise two termi...
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