Introduction:
Leading power solutions provider has secured purchase and work orders worth ₹40.34 crore from NTPC Limited and M.P. Power Generating Co. Ltd. The contracts include parts supply for steam turbines and boiler panel services, ensuring enhanced operational efficiency in power generation.
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Share price movement of GE Power India:
On February 20, 2025, GE Power India Ltd opened at ₹234.05, up by 0.42% from its previous close of ₹233.85. The stock hit a high of ₹267.95, rising 10.31% and a low of ₹232.30. By 3:22 PM, it traded at ₹257.95, with a market cap of ₹1,734.13 crore.
GE Power India Wins ₹40.34 Cr Orders:
GE Power India Limited has received purchase and work orders worth ₹40.34 crore (excluding GST) from NTPC Limited and M.P. Power Generating Co. Ltd. The contracts involve supplying steam turbine parts for the Talcher site and providing boiler panel services.
The awarded contracts, secured from domestic entities, include a 15-month timeline for turbine parts supply and 80 days for boiler panel services. These projects align with GE Power India’s expertise in power infrastructure, strengthening its role in India’s energy sector.
The company confirmed that the orders do not involve related-party transactions and that the promoter group has no interest in the awarding entities. The contracts are expected to enhance operational efficiency at the respective power plants, reinforcing GE Power India’s market presence.
Recent news on GE Power India:
As of February 12, 2025, GE Power India Ltd reported a ₹18.5 crore loss for Q3 FY25, compared to a ₹37 lakh profit a year ago. Revenue rose to ₹344.2 crore, while the order backlog surged 69% to ₹2,706 crore.
Stock performance of GE Power India for Period of 1 week, 6 months and 1 year:
GE Power India Ltd has experienced a decline in its stock performance, with a 6.77% drop over the past week. Over six months, the stock has fallen by 48.2%, while its one-year return stands at -21.8%, reflecting market challenges.
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Shareholding pattern of GE Power India:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 68.60% | 68.60% | 68.60% |
| FII | 0.90% | 0% | 0.40% |
| DII | 3% | 3% | 3.40% |
| Public | 27.40% | 27.80% | 28% |
About GE Power India:
GE Power India Ltd (NSE: GEPIL) specializes in engineering, procurement, and construction (EPC) for thermal and hydro power plants. A key player in India’s power generation equipment market, it delivers advanced solutions for energy infrastructure and sustainability.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
