Tuesday, 6 October 2026Updated 14m ago
Broker call▲ Bullish for GE Vernova

GEC-III boosts outlook for T&D sector; GE Vernova among top bets: MOFSL

1 source · first seen 09:03 6 Oct · updated 09:03 6 Oct

The brief

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  • GEC-III strengthens visibility for India's long-duration transmission and storage investment cycle, Motilal Oswal Wealth said
  • Stronger investment visibility may benefit Power Grid, GE Vernova T&D India and renewable-energy companies

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Green Energy Corridor Phase III

The Union Cabinet approved the ₹1.86 lakh crore Green Energy Corridor-III to support evacuation of 135 GW of renewable power, including 50 GWh of battery storage. The plan includes 51,126 circuit kilometres of transmission lines; implementation depends on state utilities.

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Business StandardGEC-III boosts outlook for T&D sector; GE Vernova among top bets: MOFSL09:03