GE Power India

GE Power India Limited (GEPIL) has approved a scheme of arrangement to demerge its Durgapur-based power boiler components and coal mill manufacturing business into JSW Energy Limited. The board cleared the proposal on 18 September 2025, along with a Demerger Cooperation Agreement. Under the plan, the Durgapur unit, which manufactures power boiler parts, pressure vessels, piping, and coal mills, will be transferred to JSW as a going concern. In return, shareholders of GE Power India…