GE T&D India Ltd has been awarded a 55 Million Euro contract from GRID SOLUTIONS Middle East FZE, a group company based in Dubai.
The contract involves the supply and supervision of high voltage products for an overall project to be executed by the group company for an end customer.
The order falls within related party transactions and is done at arm's length.
The contract has a duration of 5 years.
This announcement is made in compliance with Regulation 30 of the Listing Regulations.