GE Vernova T&D India Shares Soar 9% on Major AESL HVDC Project Win

• GE Vernova T&D India shares surged over 9% on Monday, December 22, following a significant order win.
• The company secured a contract from AESL Projects Limited for a 2,500 MW ±500 kV HVDC VSC terminal station.
• This project will facilitate renewable power evacuation from KPS 3 at Khavda to South Olpad.
• AESL Projects Limited is a subsidiary of Adani Energy Solutions Ltd., and the order will be executed over multiple years.
• The total transmission project is estimated to cost ₹16,000 crore to ₹18,000 crore.

Why It Matters: GE Vernova T&D India's shares jumped on a major HVDC project win from AESL Projects.