- Business
- GE Power India Limited (GEPIL.BO) provides engineering, manufacturing, project management, and supply of products and solutions for power infrastructure, with operations encompassing engineering, procurement, manufacturing, construction, and servicing of power plants and equipment across steam power, gas power, hydro power, and related segments. The company offers core products including supercritical and ultra-supercritical boilers, high-pressure and beater mills, steam turbines, gas turbines, hydro turbines, generators, air quality control systems, environmental control systems, hydropower plant solutions, and gas power systems; its services include parts supply and repairs, overhauling, refurbishment, erection and commissioning, steam turbine retrofitting, and comprehensive automation and control systems. Business divisions cover boilers, mills, services, automation and control, with engineering centers in Noida and Kolkata, Uttar Pradesh and West Bengal respectively, and a dedicated boilers manufacturing unit in Durgapur, West Bengal; it primarily serves utilities, independent power producers, and industrial customers in India.
Founded in 1992 as Asea Brown Boveri Management Limited and headquartered in Mumbai, Maharashtra, the company lists its equity shares on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE); it operates as part of GE Vernova's ecosystem following the April 2024 spin-off of GE Power from General Electric.
Recent developments include securing a Rs 382 million contract from NTPC Limited in April 2025 for generator parts supply at the Talcher site, underscoring ongoing collaborations with major Indian power utilities; in 2022, it signed a memorandum of understanding with NTPC to reduce carbon intensity in coal-fired units; the company reported improved operating margins in its Q2 FY26 results announced in November 2025, alongside a 23% sales increase and strategic international expansion initiatives, despite a decline in order backlog.