GE T&D India bags Rs 162 crore order from PowerGrid
The contract is for extending the 765kV AIS substation and setting up a new 400kV /220kV Gas-Insulated Substation at Bhuj and extend the existing 400kV GIS at Tirunelveli Substation, associated with the Green Corridor Transmission System, it said.
GE T&D India Monday said it has bagged a Rs 162 crore order from Power Grid Corporation to set up a high-voltage substation in Bhuj for evacuating 2,500 MW of wind power. Post execution of this project, various wind farm developers will be able to transmit the power generated in Gujarat to Green Energy Power Transmission Corridor, GE T&D said in a statement.
The Corridor is being set up to evacuate power generated by renewable energy projects. The contract is for extending the 765kV AIS substation and setting up a new 400kV /220kV Gas-Insulated Substation at Bhuj and extend the existing 400kV GIS at Tirunelveli Substation, associated with the Green Corridor Transmission System, it said.
Through this project, GE T&D will help evacuate around 2,500 MW of wind power generated in Gujarat, it added. "As renewable capacity in the country goes up, it is imperative that grid infrastructure in states like Gujarat is scaled up rapidly to keep up with the evacuation demand of solar and wind power into the Green Energy Corridor.
Watch This Zee Business Video
"This project will further strengthen the grid evacuation infrastructure in the western part of the country and improve access to important demand centres," Sunil Wadhwa, MD, GE T&D India said. The equipment and automation systems related to the order will be supplied from GE T&D India's manufacturing facilities at Pallavaram, Padappai, Noida and Hosur.
The project will be delivered on a turnkey basis. GE T&D India is a leading player in the power, transmission and distribution businesses.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 14, 2024): Precious metals trade in green; yellow metal above Rs 72,000 once again, white metal near Rs 85,350
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
04:03 PM IST