Shares of GE Power India may attract marketmen’s attention following the company bagging a contract worth ₹818.30 crore (approximately $126 million) from Navayuga Engineering Company Ltd.
GE Power India will handle design, engineering, manufacturing, supply, erection, testing and commissioning of twelve 80-MW capacity vertical full Kaplan turbine generator units, along with associated auxiliary and ancillary equipment. Investors’ focus will be on project execution.