BWI: CG’s High-End Transformers to Muscle CAMEG Algeria’s Mega Project

Source : Crompton Greaves Ltd Wednesday, May 21, 2014 2:30PM IST (9:00AM GMT)   (BSE:500093)(NSE:CROMPGREAV) CG's High-End Transformers to Muscle CAMEG Algeria's Mega Project   Mumbai, Maharashtra, India Indigenously built high-voltage equipment worth 4 million Euros New office in Algeria in line with global expansion strategy Improving the reliability of the Algerian energy infrastructure ​Avantha Group Company CG has bagged an order from CAMEG (Comptoir Algérien du Matériel Electrique et Gazier) for the supply and installation of 60kV Instrument Transformers at numerous substations across Algeria. CG will provide indigenously built high-voltage equipment worth Euro 4 million, which include 800x60 kV Current Transformers, 800x60 kV Capacitive Voltage Transformers, and 250x60 kV Inductive Voltage Transformers. The project commenced in April 2014 and will be completed by October 2015.  CG’s manufacturing facilities in Nashik and Aurangabad (in India) will be a part of the project that involves CG delivering equipment in Algiers, Oran, Skikda, DjenDjen and Mostaganem. CG’s HV substations will be dispatched across Algeria. CAMEG is a subsidiary of Algeria’s state-owned energy company Sonelgaz, in charge of electricity and natural gas distribution in the country. Sonelgaz is investing heavily to expand and upgrade Algeria’s power generation and distribution network. CG’s high-end transformers will play a vital role in improving the reliability of the Algerian energy infrastructure. CG was selected for this prestigious project due to its successful track record in Algeria backed by global recognition of its technical expertise in manufacturing and supplying high-voltage transformers at the best quality to price ratio. CG has developed in-depth understanding of the power grid network in Algeria and has highlighted key areas that need efficient 60 and 220 kV High Voltage equipment. The demand is further heightened by ongoing upgrades to Algeria’s medium voltage network (from 10kV to 30kV), which will involve erection of many substations. CG has also established a new office in Alger, Algeria, to oversee and provide end-to-end support for the ongoing project.  Commenting on the order, Avantha Group Company CG’s CEO and Managing Director, Laurent Demortier, said: “We are delighted to support Sonelgaz and CAMEG’s ongoing upgrade of their electricity network. The order is yet another step in our expansion in Algeria, and parallels our global projects in other countries. We thank CAMEG for its continued trust in CG, and look forward to strengthening our relationship as a long-standing partner for reliable and globally benchmarked power equipment.” New office details of CG in Algeria: CG 14 Cité Djenane El Malik Hydra Alger, Algeria Tel: +213 21 480 824 Email: algeria@cgglobal.com Website: www.cgglobal.com About CG Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation, and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings. For more information on CG, please visit:  www.cgglobal.com About Avantha The Rs. 25,000 crores (US$4bn) Avantha Group is one of India's leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers) With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors. For more information on Avantha, please visit www.avanthagroup.com Photo Caption:Mr. Laurent Demortier, CEO and Managing Director, CG     Media Contact Details Paula Sengupta, Global Head - Communications CG (Crompton Greaves Limited), ,91 (22) 24237516 / 67558771 , paula.sengupta@cgglobal.com Shravani Dang, Vice President, Group Head – Corporate Communications Avantha Group, ,+91 (11) 41699282 / +91 (11) 23368332 , s.dang@avanthagroup.com Dr. Jan Declercq, Chief Technology Officer CG (Crompton Greaves Limited), ,+32 15 283 240 , jan.declercq@cgglobal.com   KEYWORDS: Business/ Finance:Business Services, Electronic Appliances & Components, Energy Companies, Information Technology, Major diversified industrial groups, Manufacturing Companies, Technology   If you wish to change your Business Wire India selection please visit on Business Wire India and use your personal username and password to login.   Submit your press release at http://www.businesswireindia.com

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