GE Power India Ltd

Summary

GE Power India Limited, formerly known as ALSTOM India Limited, is engaged in the business of engineering, procurement, manufacturing, construction and servicing etc. of power plants and power equipment. Earlier, pursuant to a Scheme of Amalgamation, the name of the company was changed from ALSTOM Projects India Limited (APIL) to ALSTOM India Limited with effect from 6 June 2012.APIL was incorporated in September 2nd of the year 1992. The company changed its name from ABB Alstom Power India Ltd to Alstom Power India Ltd in the year of 2000. In the year 2002, the company has changed its name to ALSTOM Projects India Limited. During the year 2003, the company has bagged orders worth Rs.98 crores for the supply of steam turbines to Indian Aluminium for its Hirakud unit and the Lanco group, also in the same year APIL awarded a 430 M*NR contract by JSW Power Private Ltd group company of Jindal group for delivery of 100 MW Corex/Blast furnace gas fired boiler plant. Alstoms BODs approved the sale of industrial turbine business of the company in 2003. APIL had wins Rs. 5,000 million contract to build a power plant in Andhra Pradesh during the period of 2004, also in the same year, the company awarded a contract for modernization of 2 X 68 MW boilers by Renusagar Power Division of Hindalco Industries Ltd worth of 700 million and received an order valued at around Rs 10000 million (about 180 million Euros) to build a 469 MW combined cycle power plant for Gautami Power Ltd at... Read More