GE Power India Limited has received a Notice of Award for the Shoaiba Fuel Conversion Project in Saudi Arabia, with a cumulative value of approximately Rs 550 crore. The order has been placed by Dar Al Balad for Contracting and Operations Company Ltd., Saudi Arabia, through two separate notices covering supply and service scopes. The…
GE Power India Limited has appointed Rahul Rojal as its Chief Financial Officer (CFO) with effect from June 19, 2026. Rojal is a Chartered Accountant with more than 16 years of experience in financial reporting, statutory controllership, audit, listed entity governance and strategic finance leadership. Before his appointment as CFO, Rojal served as Senior Financial…
GE Power India Limited (GEPIL) reported strong growth in its core services business during FY2025-26, despite a sharp decline in overall order inflows due to the absence of large one-time orders recorded in the previous fiscal year. Core services order inflow increased 34% year-on-year to Rs 734 crore in FY2025-26, compared to Rs 548 crore…
GE Power India Limited (GEPIL) and JSW Energy Limited (JSWEL) have received no-objection letters from BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) for their proposed demerger scheme, removing a key regulatory step before filing the arrangement with the National Company Law Tribunal (NCLT). BSE issued its observation letter with “no adverse…
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,…
GE Power India Limited has received a contract worth Rs 382 million from NTPC Limited for the supply of generator parts for the Talcher Thermal Power Station Expansion Project (Stage III). The award was confirmed on April 2, 2025. The scope of work is expected to be completed within 40 months. NTPC is expanding the…