GE Vernova( GEV) plans to invest approximately USD 16M in India to expand its electrification manufacturing and engineering footprint— specifically, advanced grid technologies that enable

stable, reliable and secure delivery of electricity. The investment will be made by GE Vernova T & D India Limited( GEV T & D), the listed entity of GE Vernova’ s Electrification

business in India and includes the development of a new manufacturing line at its existing facility in Chennai and a new facility in Noida. These expansions are expected to enhance the ability of GE Vernova T & D India Limited to manufacture and test key next-generation equipment used in modern transmission systems, supporting both India’ s energy transition and export demand from other fast-growing economies. These new expansions will focus on High Voltage Direct Current( HVDC) and Flexible Alternating Current Transmission Systems

( FACTS)— technologies that help stabilise power grids, reduce transmission losses and make it easier to connect renewable energy like solar and wind. These systems are critical for getting renewable energy from where it’ s generated— often in remote areas— to where it’ s needed most: cities, industries and communities. The new manufacturing line at the existing Chennai facility will produce Line Commutated Converter( LCC) HVDC valves and Voltage Source Converter( VSC) Static Synchronous Compensator( STATCOM) valves.