GE Vernova to modernize HVDC link in India

Deal Analysis

GE Vernova's agreement with Power Grid Corporation of India Limited to modernize the 1000 MW Chandrapur-Ramagundam HVDC link represents a crucial step in upgrading India's power transmission infrastructure. The project involves modernizing both converter stations, replacing legacy systems with advanced technology manufactured locally by GE Vernova. This upgrade will enhance the reliability and efficiency of power transmission between the Western and Southern regions of India, contributing to a more stable and resilient national grid. This deal underscores GE Vernova's commitment to supporting India's energy transition through advanced grid solutions. By upgrading existing infrastructure, the project avoids the need for entirely new construction, potentially offering a more cost-effective and faster route to improved grid performance. The involvement of Power Grid Corporation of India Limited, a major player in the Indian power transmission sector, further highlights the strategic importance of this modernization effort for the country's energy security and decarbonization goals.

GE Vernova will upgrade a 1000 MW HVDC link between Chandrapur and Ramagundam.
The project involves modernizing converter stations and replacing legacy systems with advanced technology.
GE Vernova will manufacture the technology locally in India.
Power Grid Corporation of India Limited is the buyer, highlighting the project's importance to India's grid infrastructure.

Market Context: The deal falls within the transmission sector, which is crucial for efficient power distribution. India is actively investing in upgrading its grid infrastructure to support increasing electricity demand and integrate renewable energy sources.

Source Intelligence

KEY DETAILS

GE Vernova booked the order in December 2025: "GE Vernova booked the order in December 2025" GE Vernova will upgrade both 500 MW converter stations at each end - Chandrapur (Western region) to Ramagundam (Southern region): "Under the new contract, GE Vernova will upgrade both 500 MW converter stations at each end - Chandrapur (Western region) to Ramagundam (Southern region)"

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Capacity

key 1,000 MW interconnection between the country’s western and southern grid systems.

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Location

to refurbish the Chandrapur back-to-back High Voltage Direct Current (HVDC) link—a key 1,000 MW interconnection between the country’s western and southern grid systems.

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Announcement

DELHI, INDIA – (23 Dec 2025) – GE Vernova Inc. (NYSE: GEV) announced that its Electrification Systems business has been awarded a contract by Power Grid Corporation of India Limited (POWERGRID)

PARTIES MENTIONED IN SOURCE

G

GE Vernova seller

"GE Vernova Inc. (NYSE: GEV) announced that its Electrification Systems business has been awarded a contract by Power Grid Corporation of India Limited (POWERGRID)"

P

Power Grid Corporation of India Limited (POWERGRID) buyer

"GE Vernova Inc. (NYSE: GEV) announced that its Electrification Systems business has been awarded a contract by Power Grid Corporation of India Limited (POWERGRID), India’s national transmission utility, to refurbish the Chandrapur back-to-back High Voltage Direct Current (HVDC) link"

A

Adani Energy Solutions Ltd. null

"GE Vernova Inc. (NYSE: GEV) today announced that its Electrification Systems business has been awarded a major contract from Adani Energy Solutions Ltd. to supply high-voltage direct current (HVDC) technology for the 2.5-gigawatt (GW) Khavda–South Olpad renewable power transmission corridor in India."

T

TenneT null

"GE Vernova and Seatrium today announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new 2.2-gigawatt (GW) offshore high-voltage direct current (HVDC) grid connection designed to transmit electricity from offshore wind farms in the German North Sea to the onshore transmission network in Germany."

S

Seatrium null

"GE Vernova and Seatrium today announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new 2.2-gigawatt (GW) offshore high-voltage direct current (HVDC) grid connection designed to transmit electricity from offshore wind farms in the German North Sea to the onshore transmission network in Germany."

high quality Enriched Feb 19, 2026