Thursday, 28 September 2017

General Electric up nearly 3% on order win worth Rs 328 crore

The company has been awarded a contract worth approximately Rs 327.5 crore (USD 49.2 million) by Doosan Power Systems India.


Shares of GE Power India added nearly 3 percent intraday Thursday on the back of order win worth Rs 328 crore.
The company has been awarded a contract worth approximately Rs 327.5 crore (USD 49.2 million) by Doosan Power Systems India.

The order includes supply of 4 units of 660 MW state of art Electrostatic Precipitator (ESP) for the prestigious supercritical power projects of UP Government, Obra C 2x660 MW project of Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRUVNL) and Jawaharpur 2x660 MW of Jawaharpur Vidyut Utpadan Nigam (JUVNL), as per company release.

These ESP shall be equipped with latest controllers provided by GE to have one of the lowest particulate emission less than 20 mg/Nm3 exceeding the expectation of new compliance norm in the country.
These orders reinforce GE's commitment towards providing clean power solutions to the country.
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