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Crompton Greaves wins prestigious deal worth $26 million in Indonesia

21 Jan 2015 Evaluate

Crompton Greaves (CG) has sealed a prestigious deal with PT PLN (Perusahaan Listrik Negara) Indonesia, for the manufacture and supply of 37 units of 60MVA, 30MVA and 150/20kV Power Transformers. Valued at $26 million, CG’s power transformers will be installed across PT PLN’s transmission network, in 36 different substations in Sumatra, Java, Bali, Kalimantan and the Sulawesi islands of Indonesia. This project is being funded by IBRD - World Bank, in collaboration with the Government of Indonesia, for the purpose of strengthening Indonesia’s power networks.

The order was won under a competitive international public bidding process and represents the first of its kind won by CG Indonesia. The project scope includes the design, manufacturing, factory testing, site installation and testing, and the pre-commissioning of the transformers over a period of 18 months.

CG was selected for this project due to its successful track record in Indonesia, backed by a global recognition of its technical expertise in manufacturing and supplying high-voltage transformers at the best quality to price ratio.

Crompton Greaves 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.

CG Power & Indl.Soln Share Price

786.20 11.35 (1.46%)
20-Apr-2026 10:44 View Price Chart
Peers
Company Name CMP
Havells India 1313.20
Siemens 3735.45
Apar Inds 11884.95
ABB India 7183.00
Waaree Energies 3444.55
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