TAIWAN (July 7, 2025) – GE Vernova Inc. (NYSE: GEV) announced that the first of three blocks of Taiwan Power Company Nan Bu Construction Organization (TPC NPCO)’s Hsinta power plant, powered by GE Vernova 7HA.03 combined cycle equipment, started to operate and officially dispatch up to 1,3 gigawatt of electricity to Taiwan’s energy grid.

The new generating unit paves the way to a gradual replacement of the coal-fired units present at Hsinta site. The H-class blocks of this plant are expected to reduce the older coal units’ emissions by 60%.

TPC NPCO Director Chi-Hsiang Huang said: “Our Hsinta Power Plant in Kaohsiung is a key facility in Taiwan's energy transition, and in line with Taiwan’s Renewable Energy Development Act (REDA) energy policy centered around transitioning from nuclear power and reducing reliance on coal fuels. Our trusted and long-standing relationship with GE Vernova has been instrumental in achieving the successful commissioning of the first block, while bringing up to 1,3 gigawatts (GW) of less carbon-emitting power to our customers through.”

Hsinta power plant includes two further blocks, which are expected to start operation in phases across 2025 and 2026, bringing the combined power capacity of the plant up to nearly 4 GW, a capacity expected to provide reliable electricity to Taiwanese households and industries.

GE Vernova worked together in consortium with a local company, CTCI Corporation, to engineer, construct, and commission the first combined cycle block. Each block of the plant features two high efficiency GE Vernova 7HA.03 gas turbines with H65 hydrogen cooled generators, two Heat Recovery Steam Generators (HRSG), one GE Vernova STF-D650 steam turbine with H65 hydrogen cooled generator, and other equipment.

Ramesh Singaram, President and CEO, Asia of GE Vernova's Gas Power said: “Our latest gas turbine technology, the 7HA.03, is replacing aged coal-fired units with more efficient and flexible gas-fired combined cycle units, marking a significant step in Taiwan’s carbon emission reduction process. We are committed to support Taiwan’s power development and economic growth, helping to drastically reduce current coal power generation and to achieve up to 50% of the energy mix sourced from natural gas by 2025. TPC evaluated our HA combined cycle equipment as the best technology balancing effectively power output, efficiency, flexibility and maintainability.”

GE Vernova’s innovative block-size plant features a modular standard configuration that is simpler and more cost-effective to install, control and maintain to help a faster project execution. Thanks to its flexibility, meaning the ability to start up quickly and adjust the volume of energy produced, the new plant can help meet electricity demands and assist in stabilizing the power grid in Taiwan and improving the use of variable energy production from renewable sources.

In addition, to further advance the reduction of carbon emissions when utilizing gas power, GE Vernova 7HA.03 gas turbine currently has the capability to burn up to 50% by volume of hydrogen when blended with natural gas.

Since 1961, GE Vernova has played a significant role in supporting Taiwan's energy and infrastructure development. By 2026, gas power plants powered by GE Vernova’s assets are projected to exceed 10 GW, generating reliable capacity equal to power the equivalent of approximately more than 23 million homes in Taiwan.

HELSINKI, Finland (July 1, 2025) – GE Vernova Hitachi Nuclear Energy (GVH) and Fortum have entered into an early works agreement to advance potential deployment of the BWRX-300 small modular reactor (SMR) in Finland and Sweden.

Fortum completed a new nuclear feasibility study in March and announced that it had selected the BWRX-300 as one of the technologies it is considering for potential deployment in both nations.

“After diligently evaluating several aspects of SMR technologies over the past two years Fortum concluded that the BWRX-300 is a technology for potential deployment in Finland and Sweden,” said Nicole Holmes, Chief Commercial Officer, GVH. “We have a long history supporting the nuclear industry in the Nordics and we look forward to working with Fortum as it continues to develop its capabilities for new nuclear.”

Through the early works agreement GVH and Fortum will work on pre-licensing and engineering activities for site adaption in Finland and Sweden with potential BWRX-300 deployment in the second half of the 2030s.

The 300 MW BWRX-300, a 10^th generation design, builds on decades of real-world boiling water reactor operating experience and innovation, using a proven delivery model and leveraging GVH’s experience with cross-border regulatory collaboration.

Momentum continues to build around the global deployment of the BWRX-300. In May, the Province of Ontario and Ontario Power Generation (OPG) announced approval to proceed with construction of the first BWRX-300 at OPG’s Darlington site near Toronto. A total of four BWRX-300s are planned for the site with construction of the first unit expected to be complete by the end of the decade.

Also in May, Tennessee Valley Authority (TVA) announced that it has submitted an application to the U.S. Nuclear Regulatory Commission to construct the first BWRX-300 in the U.S., at the utility’s Clinch River site in Oak Ridge, Tennessee. These developments support GVH’s leadership position in the SMR sector. Fortum is now poised to benefit from this depth of experience and expertise.

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About Fortum
Fortum is a Nordic energy company. We generate and deliver reliable energy to our customers and the Nordic energy system while at the same time helping industries decarbonize their processes and grow. Our core operations comprise efficient and best-in-class low-carbon power generation, customer services, and heating and cooling. Fortum’s power generation is already 99% from renewable or nuclear sources with one the lowest specific CO2-emissions in Europe. We are guided by our ambitious SBTi-validated emission reduction targets on our way towards net-zero by 2040. For our ~4,500 employees, we commit to be a safe and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com

Everyone loves a vacation. But that’s the problem: The world’s holiday destinations are bursting at the seams with visitors. Workers at the Louvre in Paris recently went on strike, saying they were suffering from exhaustion.

Puerto Rico (June 30, 2025) — GE Vernova (NYSE: GEV) announced it has secured an order for six of its LM2500XPRESS* aeroderivative gas turbine packages from the Puerto Rican Equipment Procurement and Construction company RG Engineering (RGE) to help bring fast and reliable power in Puerto Rico. The six units are expected to modernize the Puerto Rico Electric Power Authority (PREPA) power plants at Daguao, Jobos, and Yabucoa managed by the private operator Genera PR (Genera).

Puerto Rico’s energy challenges stem from natural disasters with Hurricanes Maria in 2017 and Fiona in 2022 which significantly weakened the island’s power grid. The six new units are estimated to provide approximately 244 megawatts (MW) in total with the goal to ensure a more robust energy system for the island, support possible peak summer demand and provide emergency power.

In addition, flexible and highly efficient natural gas fired plants can help Puerto Rico to increase its energy security while continuing to expand its development of renewable energy resources, including solar and wind. Under the 2019 Puerto Rico Energy Public Policy Act, Puerto Rico set an ambiton to obtain 60% of its electricity supply from renewable resources by 2040, and 100% by 2050” (EIA).

“These plants are being equipped with new, more efficient generation units, as part of a larger project to replace older, less efficient equipment,” said Winnie Irizarry, President & CEO at Genera PR.  “This renewal is part of a larger initiative to modernize Puerto Rico's power grid, focusing on improving generation capacity and reliability to ultimately strengthen electrical availability during high demand peaks and improve the quality of life for the Puerto Rican people.  With GE Vernova’s aeroderivative solutions, we can feed in electricity quickly and flexibly at the request of the transmission grid operator and thus help to stabilize the grid in the island.”

Each of GE’ Vernova’s LM2500XPRESS power packages is comprised of a GE Vernova LM2500 aeroderivative gas turbine modular package and an emissions control system.  With the capability to start in 5 minutes or even less from cold iron, these units derived from the aviation industry can perform daily starts and stops without impacting its maintenance cycles or costs and can help a better integration and compensation of renewable energy sources.

“GE Vernova is honored to support Puerto Rico with our advanced Aeroderivative gas turbine technology to modernize their electric grid while increasing its capacity to meet growing demands”, said Dave Ross, CEO of GE Vernova’s Gas Power business in the Americas region. “Our LM2500XPRESS aeroderivative gas turbines are very responsive and a great fit to help improve the reliability of PR’s electrical system while allowing the integration of additional renewable generation.  We are excited to help support Genera PR and PREPA as it makes an important contribution towards the security of the power supply in Puerto Rico.”

GE Vernova’s LM2500XPRESS

GE Vernova’s LM2500XPRESS power plant is 95 percent factory assembled into simplified modules and provides a “plug and play” concept that is ideal to bring fast power to the grid, when needed.

For plant operators who need power in just weeks, the LM2500XPRESS can be installed quickly and offers the ability to ramp up from cold iron to base load within five minutes. Its plug and play nature can provide flexible power where it is needed quickly and efficiently. It’s available in both simple and combined cycle configurations, for 50 and 60 Hz utility providers. In simple cycle configuration, it delivers up to 34 MW and achieves up to 39.5 percent of efficiency. In a combined cycle configuration, it delivers up to 47 MW with up to 54.4 percent of efficiency.

The compact LM2500XPRESS units for this project will be assembled at GE Vernova Gas Power’s Manufacturing Excellence Center in Verésegyhaz, Hungary.

END

Notes to editors

For Financial editors: this order was booked in the second quarter in 2025.

BROSSARD, CANADA (June 26, 2025) GE Vernova Inc. (NYSE: GEV) announced today that it has secured an order from Rio Tinto, one of Canada's largest private producers of hydroelectricity, for the upgrade of eight turbine-alternator units at the Isle Maligne hydropower plant in the Saguenay-Lac-Saint-Jean region of Quebec, Canada. The plant features twelve Francis hydropower units in total.

The modernization of this nearly 100-year-old hydropower plant is expected to enhance the performance of the units and their lifetime for decades to come. It will help Rio Tinto supply energy for its five low-carbon aluminum smelters facility in Saguenay – Lac-Saint-Jean.

Last year, under a previous agreement, GE Vernova modernized one generator at the Isle-Maligne plant. After that, Rio Tinto and GE Vernova made the decision to issue a more holistic approach for the modernization of the remaining eight turbine-alternator units. This larger and longer-term scope will enable early engagement and close collaboration between the two companies. It gives the visibility needed to plan, design, and secure the supply chain, providing Rio Tinto with an optimized project schedule and reduced total cost of ownership, while ensuring efficient and timely project execution. The first unit modernization in expected in 2026 and the last one by 2032.

This project is the result of the longstanding collaboration between Rio Tinto and GE Vernova, which involved work on several hydropower plants located in the province of Quebec, Canada, such as Shipshaw.

Sébastien Ross Managing Director for Atlantic Operations, Rio Tinto Aluminium said: “The Isle-Maligne hydroelectric power plant has been a strategic asset for Rio Tinto for 100 years, drawing on the expertise and dedication of multiple generations of employees and business partners. This major investment to modernise our facilities will ensure the long-term future and competitivity of our low carbon aluminium production in Quebec for decades to come for our Canadian and American customers.’’

Frederic Ribieras, Hydro Power CEO, GE Vernova, said: “This modernization project at the Isle Maligne plant is a testament of how we can achieve greater efficiency and performance without altering the core infrastructure. And, this long-term collaboration will be critical to help secure the supply chain in a capacity-constrained market, with pressure on the industry to execute on many projects.”

Canada has one of the least carbon intensive energy systems in the world, in large part thanks to hydropower, which supplies around 60% of the country’s electricity needs. However, the average age of hydropower plants in Canada is 53 years old. By 2050, electricity demand is expected to double in Canada. Modernizing its existing hydropower fleet will be essential to meet that growing demand with clean and reliable power.

In Canada, GE Vernova’s team of over 2,000 talented employees, backed by a legacy spanning more than 130 years, is driving meaningful change by supporting our customers from coast to coast to coast with power generation, transmission, conversion, storage, and orchestration solutions.

END

Notes to editors

Financial Editors:  Please note this order was booked in the first quarter of 2025.

TORONTO (23 juin 2025) - GE Vernova Hitachi Nuclear Energy (GVH) a annoncé aujourd’hui son intention d’établir un centre canadien de services et d’ingénierie de pointe pour le BWRX-300 dans la région de Durham, près du site du projet de nouvelle centrale nucléaire de Darlington d’Ontario Power Generation (OPG).

L’entreprise prévoit d’investir jusqu’à 50 millions de dollars américains dans cette installation, dans l’attente de la poursuite du développement et de la construction de trois unités supplémentaires sur le site du projet de nouvelle centrale nucléaire de Darlington.

L’installation prévue servira à fournir des services d’ingénierie et techniques afin d’assurer l’exploitation et la maintenance à long terme du parc prévu de petits réacteurs modulaires (PRM) BWRX-300 en Ontario. Elle servira également de centre d’innovation et de formation, de partage des connaissances, d’engagement de la chaîne d’approvisionnement et de développement de la main-d’œuvre. L’installation devrait attirer chaque année jusqu’à 2 000 professionnels du nucléaire, fournisseurs et partenaires internationaux en Ontario, ce qui apportera des retombées économiques importantes à la région de Durham.

Les plans relatifs au centre de services et d’ingénierie pour le PRM BWRX-300 ont été annoncés aujourd’hui à l’occasion d’un événement organisé en présence du ministre de l’Énergie et des Mines de l’Ontario, Stephen Lecce.

« Le centre canadien de services et d’ingénierie pour le BWRX-300 renforcera la position de l’Ontario en tant que chef de file dans le domaine nucléaire et continuera à former la main-d’œuvre canadienne dans le secteur de l’énergie nucléaire grâce à un écosystème de formation à la pointe de l’industrie », a affirmé Heather Chalmers, présidente et chef de la direction, GE Vernova Canada. « Ce centre basé en Ontario permettra à la province de continuer à bénéficier des meilleurs talents et des innovations les plus prometteuses dans le secteur de l’énergie nucléaire, tout en complétant les efforts mondiaux visant à déployer le BWRX-300. »

« L’Ontario est fier d’être à l’avant-garde mondiale en matière d’innovation nucléaire de nouvelle génération, créant ainsi des emplois locaux bien rémunérés, formant des milliers de travailleurs qualifiés et fournissant une énergie propre et fiable pour les décennies à venir », a déclaré Stephen Lecce, ministre de l’Énergie et des Mines. « En concluant cet investissement avec GE Vernova, nous renforçons notre projet visant à faire de l’Ontario une superpuissance en matière d’énergie propre, où nos travailleurs construisent avec des matériaux canadiens, exploitent avec l’expertise canadienne et exportent la technologie propre dont le monde a besoin. »

Cette annonce fait suite à l’autorisation accordée par le gouvernement de l’Ontario pour la construction du premier des quatre réacteurs BWRX-300 sur le site de Darlington, faisant ainsi de l’Ontario la première administration du G7 à approuver la construction d’un PRM à l’échelle du réseau. La construction de la première unité devrait être achevée d’ici la fin de la décennie.

Le centre de services et d’ingénierie prévu comprendra un simulateur de réalité virtuelle à la pointe de la technologie et offrira des capacités de formation pour soutenir des opérations de ravitaillement et de maintenance sûres et efficaces des PRM. L’installation développera des technologies de maintenance et d’inspection de pointe adaptées aux unités PRM plus simples et servira de centre de planification des arrêts et de préparation de l’exécution pour les réacteurs BWRX-300.

Il est prévu que le centre de services et d’ingénierie soit opérationnel d’ici la fin de 2027 afin de soutenir le déploiement et l’entretien d’un parc de BWRX-300. Outre son secteur d’énergie nucléaire, le centre aura la capacité d’appuyer d’autres entreprises de GE Vernova, apportant des avantages économiques supplémentaires à la région de Durham. Ce centre viendra compléter les opérations de GVH à Wilmington, en Caroline du Nord.

À propos de GE Vernova Hitachi Nuclear Energy
Le secteur de l’énergie nucléaire de GE Vernova, grâce à son alliance mondiale avec Hitachi, est l’un des principaux fournisseurs mondiaux de grappes de combustible nucléaire, de services et de conceptions de réacteurs nucléaires d’avant-garde. Les technologies comprennent les réacteurs à eau bouillante et les petits réacteurs modulaires, tels que le BWRX-300, qui est l’un des modèles de réacteurs à eau bouillante les plus simples, mais aussi les plus innovants. Le secteur du combustible nucléaire de GE Vernova, Global Nuclear Fuel (GNF), est l’un des principaux fournisseurs mondiaux de combustible pour réacteurs à eau bouillante et de services d’ingénierie liés au combustible. GNF est une coentreprise dirigée par GE Vernova avec Hitachi, Ltd. et exploite ses activités principalement par le biais de Global Nuclear Fuel-Americas, LLC à Wilmington (Caroline du Nord) et de Global Nuclear Fuel-Japan Co., Ltd. à Kurihama, au Japon. HITACHI est une marque de commerce de Hitachi, Ltd. utilisée sous licence de marque. GE est une marque de commerce de General Electric Company utilisée sous licence de marque.

Déclarations axées sur l’avenir
Le présent document contient des déclarations axées sur l’avenir, c’est-à-dire des déclarations liées à des événements futurs qui, par nature, traitent de questions qui sont, à des degrés divers, incertaines. Ces déclarations axées sur l’avenir traitent souvent du rendement futur attendu de GE Vernova sur le plan des affaires et financier et de sa situation financière, ainsi que de la performance attendue de ses produits, de l’incidence de ses services et des résultats qu’ils peuvent générer ou produire, et contiennent souvent des mots tels que « s’attendre à », « anticiper », « avoir l’intention de », « planifier », « croire », « chercher », « voir », « sera », « serait », « estimer », « prévoir », « cibler », « préliminaire » ou « fourchette ». Les déclarations axées sur l’avenir, de par leur nature, traitent de questions qui sont, à des degrés divers, incertaines, telles que les déclarations concernant des transactions, des investissements ou des projets prévus et potentiels, leurs résultats attendus et les répercussions des conditions macroéconomiques et du marché et la volatilité sur les activités commerciales, les résultats financiers et la situation financière de l’entreprise, ainsi que la chaîne d’approvisionnement mondiale et l’économie mondiale.

TORONTO (June 23, 2025) - GE Vernova Hitachi Nuclear Energy (GVH) today announced plans to establish a cutting-edge Canadian BWRX-300 Engineering and Service Centre in Durham region near the Ontario Power Generation (OPG) Darlington New Nuclear Project site.

The Company intends to invest up to $50M USD on the facility, pending further development and construction of three additional units at the Darlington New Nuclear Project site. 

The planned facility will be used to provide engineering and technical services to support the long-term operation and maintenance of the anticipated fleet of BWRX-300 small modular reactors (SMR) in Ontario. It will also serve as a hub for innovation and training, knowledge-sharing, supply chain engagement and workforce development. It is expected to draw up to 2,000 nuclear professionals, suppliers and international partners to Ontario annually, bringing significant economic benefits to the Durham region.

Plans for the engineering and service centre for the BWRX-300 SMR were announced today during an event with Ontario Minister of Energy and Mines Stephen Lecce.

“The Canadian BWRX-300 Engineering and Service Centre will bolster Ontario’s position as a nuclear leader and further cultivate Canada’s nuclear energy workforce with an industry-leading training ecosystem,” said Heather Chalmers, President & CEO, GE Vernova Canada. “This Ontario-based hub will provide the province with continued access to the best and brightest talent and innovation in the nuclear energy industry while complementing global efforts for deploying the BWRX-300.”

“Ontario is proud to lead the world in next-generation nuclear innovation, creating good-paying local jobs, training thousands of skilled workers and delivering clean, reliable power for decades to come,” said Stephen Lecce, Minister of Energy and Mines. “By locking in this investment from GE Vernova we are reinforcing our plan to make Ontario a clean energy superpower where our workers build with Canadian materials, operate with Canadian expertise and export the clean technology the world needs.”

The announcement follows the Ontario government’s approval to proceed with construction of the first of four BWRX-300s at the Darlington site, making Ontario the first jurisdiction in the G7 to approve construction of a grid-scale SMR. Construction of the first unit is scheduled to be completed by the end of the decade.

The planned engineering and service centre will include a state-of-the-art virtual reality simulator and provide training capabilities to support safe and efficient SMR refueling and maintenance evolutions. The facility will develop advanced maintenance and inspection technologies tailored to the simpler SMR units and serve as an outage planning and execution preparation center for BWRX-300 reactors.

Plans call for the engineering and service centre to be operational by the end of 2027 to support the deployment and servicing of a fleet of BWRX-300s. In addition to its nuclear business, the centre will have the capability to support other GE Vernova businesses, bringing further economic benefits to the Durham region. This centre will complement GVH’s operations in Wilmington, N.C.

TOKYO, JAPAN – CAMBRIDGE, MA (June 23, 2025) – IHI Corporation (IHI) and GE Vernova Inc. (GEV) announced today the completion of a new Large-scale Combustion Test facility (LCT) at IHI’s Aioi Works facility in Hyogo, Japan.

This facility is expected to play a crucial role in advancing the capabilities of next-generation combustion technologies using ammonia, a derivative from hydrogen, which is carbon-free, and when combusted the gas turbine would not emit any net CO₂ emissions. The new test facility is engineered to test advanced combustion systems at GE Vernova’s F-class gas turbine operating conditions, including pressure, temperature, and both air and fuel flow rates.

“This milestone marks a significant step forward in the joint technology roadmap sealed with a Joint Development Agreement in 2024 aiming to lead to a 100% ammonia capable combustion system by 2030” said Kensuke Yamamoto, IHI Executive Officer, VP of Business Development Division and GM of Ammonia Value Chain Project Department. “IHI has developed a 100% ammonia firing gas turbine IM270 (output 2MW) and will level the technology to develop large-scale combustion technology. IHI’s combustor development role lies this new flagship test facility, which will be a crucial hub for IHI’s and GE Vernova’s project. The establishment of the LCT underscores IHI’s and GE Vernova’s commitment to driving innovation in more sustainable energy solutions, with ammonia as a promising fuel for future power generation.”

Starting in the summer of 2025, IHI plans to conduct rigorous combustion tests using full scale prototype combustors operating on 100% ammonia, aiming to develop a commercially viable gas turbine by 2030. The collaboration between the two companies includes synergies across IHI ammonia combustion expertise and GE Vernova global technical teams, and shared best practices developed at GE Vernova’s advanced combustion test facility in Greenville, South Carolina, USA.

“This announcement signals a shift from initial studies on the ammonia value chain to the practical implementation of technologies and engineering projects, aiming to decarbonize power generation by using ammonia as a fuel,” said Jeffrey Goldmeer, GE Vernova Senior Director, Technology Strategy. “This marks a new phase of collaboration between GE Vernova and IHI, with the goal of developing decarbonization pathways that safeguard existing power generation investments.”

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Notes to editors
Decarbonization as used in this article is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour basis.

Ammonia is utilized today in industrial applications such as fertilizer, chemical raw material. When used as a carrier for hydrogen, ammonia enables an efficient, lower-cost transport and storage. In addition, ammonia is expected to be utilized directly in power generation as a carbon-free fuel, since ammonia contains no carbon, it does not emit carbon dioxide when burned and may therefore enhance the power sector’s efforts in reducing carbon emissions.

Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address IHI and GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the companies’ business operations, financial results and financial position and on the global supply chain and world economy.

About IHI
IHI is dedicated to creating Value Chains that generate new value for customers, originating from the establishment of Japan’s first modern shipyard in 1853. It leveraged its shipbuilding technology to expand into onshore machinery, bridge, plant, aero-engine, and other manufacturing fields. IHI has provided an array of solutions in recent years. These are principally in the Resource, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense business segments. In power generation, the Company manufactures boilers and gas turbines for thermal power plants. It is developing technology for ammonia firing and is constructing carbon-free fuel ammonia supply chain to help decarbonize the economy. Click below for more information about IHI: https://www.ihi.co.jp/en/

VADODARA, INDIA (June 6, 2025) – GE Vernova Inc. (NYSE: GEV) announced today that it has commissioned the first of four 250 megawatts (MW) variable speed units at THDC India Limited’s Tehri Pumped Storage Hydropower Plant, part of the Tehri Hydropower Complex. With this 1 gigawatt (GW) expansion, the complex will reach 2.4 GW of generating capacity and become India’s largest hydropower complex. The project’s reservoir will also help provide support with irrigation and drinking water during non-monsoon periods to the state of Uttarakhand, where it is located.

“With this project, Tehri will become India’s first power plant to use variable speed pumped storage technology and the country’s most modern hydropower station. With fast transition between the turbine and pump operation, the four new units are expected to enable power control, leading to significantly improved grid flexibility. These are all crucial capabilities as more renewables are integrated into the country’s energy mix,” said Frederic Ribieras, CEO of GE Vernova’s hydropower business.

Hydropower remains a cornerstone of India's renewable energy landscape, with an installed capacity of approximately 51 GW as of early 2024, positioning the nation as fifth globally in hydroelectric capacity.

Pumped Storage units help stabilize the grid by acting as giant batteries: water is pumped from the lower to the upper reservoir in times of surplus energy and, in times of demand, water from the upper reservoir is released, generating electricity as the water passes through the turbine. This technology is the largest source of long duration energy storage globally, representing about 94%* of total energy storage capacity.

For this project, GE Vernova capitalizes on its broad portfolio of technologies to generate, transfer and store power to deliver a full water to wire solution, spanning from electrical, hydraulic machines to converters. The project includes the integration of the four doubly fed induction motor generators and the associated pump turbines with the power electronics and control systems.

Tehri Hydropower Complex includes:

• 1 GW Tehri Hydropower Plant commissioned in 2006.
• 400 MW Koteshwar Hydropower Plant commissioned in 2012.
• 1 GW Tehri Pumped Storage Hydropower Plant, where GE Vernova is currently delivering four 250 MW Pumped Storage Variable Speed Doubly Fed systems.**

GE Vernova has a substantial presence in India, across generation, transmission and distribution. The company has five Technology and Engineering Centers focused on advancing research, development and innovation in new technologies and solutions. Additionally, the company operates 11 manufacturing sites that are undertaking local production and generating employment. The company’s workforce in India comprises of over 10,000 employees, including more than 3,000 engineers and technologists.

^{*According to the International Hydropower Association.}

^{**Under an order signed in 2011 with Tehri Hydro Development Corporation India Limited (THDC).}