Press release from Business Wire India
Source: Crompton Greaves Ltd
Wednesday, April 03, 2013 03:08 PM IST (09:38 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Energy companies, Information technology, Major diversified industrial groups, Retailers; Technology
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CG to Power Luchterduinen Offshore Wind Farm in the Netherlands
Mumbai, Maharashtra, India, Wednesday, April 03, 2013 -- (Business Wire India) -- -- Wins Rs 239 crore contract from Van Oord Offshore Wind Projects
-- To design, deliver and install high voltage offshore substation
CG, along with its consortium partners, has been awarded a Rs 239 crore contract for the construction of an offshore HV substation in the Netherlands from Van Oord Offshore Wind Projects BV. CG, in consortium with Cofely Fabricom and Iemants, will design, deliver and install the high voltage offshore substation for the Luchterduinen project. The Luchterduinen offshore wind farm is located 23 km from the Dutch coast between Noordwijk and Zandvoort and has an installed production capacity of 129MW. The 43 wind turbines will generate green electricity for nearly 150,000 households.
CG will design, engineer and manufacture the overall electrical system. The delivery will include all electrical engineering work, two step-up power transformers, medium voltage and high voltage Gas Insulated Switchgear (GIS), auxiliary/earthing transformers, an MV reactor, and the SCADA/control and protection system for the substation. The project is expected to be completed by August 2015. The customer valued in particular CG's expertise in consulting and advising for the most optimal grid connection design, taking into consideration grid connection requirements from the Dutch transmission grid operator, TenneT.
This is the sixth large offshore connection project secured by CG since 2008. Previous projects include the Belwind, Amrumbank West, WPD Butendiek, Northwind, and Humber Gateway contracts. The total orders booked by CG, along with its partners, for offshore wind connections to the grid amount to over Rs 1086 crore and include a combination of executed and unexecuted orders. This contract also confirms CG's expertise in the development of cost-effective offshore substations.
Over the past years, CG has proven that AC high voltage substations are technically and economically the optimal solution for offshore wind connections up to 150 km. The market in Europe for such connections is expected to grow by 30% CAGR in the next ten years as a result of rapid development in the segment.
Vice President of CG EMEA Region, Mark Wetton comments, "The Belgium-based CG Systems, Products and Services units have developed a core competence in understanding the needs of our customers involved in these complex offshore wind projects. CG offers market leading flexible and reliable solutions for this demanding and fast-growing market."
CG CEO and Managing Director Laurent Demortier said "We look forward to working with Van Oord Offshore and thank them for the trust placed in CG. The development of reliable and cost-effective grid connection solutions for the rapidly growing Renewable sector is one of the key priorities for CG. We not only have developed a unique design but also a cost-efficient supply chain for serving this growing market segment.'
CG
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 US$ 4 bn Avantha Group is one of India's leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions and Avantha Technologies. With an impressive global footprint, Avantha operates in more than twenty countries, employing over 22,000 people worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, food processing, farm forestry, insurance, chemicals, IT and ITES. 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.
CONTACT DETAILS
Ms. Paula Sengupta, Global Head - Corp. Comms, CG (Crompton Greaves Limited) , +91 (22) 24237505 / +91 (22) 67558771, paula.sengupta@cgglobal.com
Mrs. Shravani Dang, Group Head - Corporate Communications Vice President, Avantha Group, +91 (124) 4099436, s.dang@avanthagroup.com
Dr. Jan Declercq, Chief Technology Officer, CG, +32 15 283 240, jan.declercq@cgglobal.com
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, ENERGY, IT, GROUPS, RETAIL, TECHNOLOGY
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