Monday, March 30, 2015

BWI: CG Wins INR 115 Crore Order from PGCIL, India's Largest Transmission Utility

 
Source : Crompton Greaves Ltd
Monday, March 30, 2015 12:36PM IST (7:06AM GMT)
 
(BSE:500093)(NSE:CROMPGREAV)
CG Wins INR 115 Crore Order from PGCIL, India's Largest Transmission Utility
 
Mumbai, Maharashtra, India

 

  • To enhance transmission efficiency
  • Improve quality of power to end consumer
  • Reinforces CG’s leadership in the UHV segment  

Avantha Group Company CG
has bagged a significant order from Power Grid Corporation of India Limited (PGCIL) for the supply of 80 MVAR 765kV Shunt Reactors valued at INR 115 Crore. The scope of this contract to be executed in 20 months includes design, engineering, manufacture, shop testing, supply, erection testing and commissioning at site, and other associated civil works.

These reactors will be installed at PGCIL’s Vemagiri and Srikakulam Sub-stations in the state of Andhra Pradesh and will add to the existing population of over 100 CG made reactors already in commission in PGCIL’s UHV network.  This order reinforces CG’s existing leadership in the UHV transmission segment in India and its long standing relationship with the Central Transmission Utility. 

CG won this order beating stiff global competition and its successful track record having partnered with PGCIL for multiple projects. These reactors when commissioned will not only enhance the transmission efficiency of the national grid, but will also improve the quality of power that reaches the consumer.
As India migrates to 765kV as the national transmission backbone, CG plays a vital role in building that grid with its indigenously created UHV portfolio. CG has attained self sufficiency in the segment having created a complete UHV platform comprising Transformers, Reactors, Current Transformers, Capacitive Voltage Transformers, Circuit Breakers and Surge Arresters.
 
Commenting on this prestigious win, Avantha Group Company CG’s CEO & Managing Director, Mr. Laurent Demortier said: “We are honoured to receive this opportunity from PGCIL and thankful to them for continuing to repose trust in our products and technological expertise. As rapid urbanisation and industrialisation adds millions of new consumers in the country, a robust UHV infrastructure will be the backbone of the power sector and CG is well positioned to serve the utilities for their future growth plan with its complete UHV range”.

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 organised into four business groups: Power, Industrial, Automation, and Consumer.
For more information on CG, please visit: www.cgglobal.com

About Avantha

The Avantha Group’s 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), Avantha 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.

For more information on Avantha, please visit: www.avanthagroup.com

Photo CaptionMr. Laurent Demortier, CEO and Managing Director, CG

 

 
Media Contact Details

Paula Sengupta, Global Head - Communications 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

 

KEYWORDS: Business/ Finance:Business Services, Energy Companies, Heavy industries, Major diversified industrial groups, Manufacturing Companies;General:Environment

 

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