GE T&D India surges 8% on order win worth of Rs 173 crore from JKPDD

The company has been awarded a Supervisory Control and Data Acquisition and Advanced Distribution Management Solution project by the Jammu & Kashmir Power Development Department.

Shares of GE T&D India rallied 8 per cent to Rs 166 on the BSE in the intra-day trade on Thursday after the company received an order worth of Rs 173 crore from the Jammu & Kashmir Power Development Department (JKPDD).

“The company has been awarded a Supervisory Control and Data Acquisition (SCADA) and Advanced Distribution Management Solution (ADMS) project by the Jammu & Kashmir Power Development Department (JKPDD) for the distribution operations in the cities of Jammu and Srinagar,” GE T&D India said in a news release.

The order worth approximately Rs 173 crore, won through a