GE Power India Bags ₹550 Crore Fuel Conversion Contract in Saudi Arabia
GE Power India Limited has secured an international contract valued at approximately ₹550 crore for the Shoaiba Fuel Conversion Project in Saudi Arabia. The mandate, awarded by Dar Al Balad for Contracting and Operations Company Ltd., involves extensive boiler modifications and technical services.
GE Power India FY26 Results: Revenue Climbs 21% to ₹1,269 Cr as Dividends Resume
GE Power India Limited reported a strategic turnaround in FY26, with revenue growing 21% year-on-year to ₹1,269 crore. The company benefited from a pivot toward high-margin core services and the resolution of legacy settlements, leading to the resumption of dividends after four years.