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Crompton Greaves wins $20 million order from PT PLN Indonesia

23 Feb 2015 Evaluate

Crompton Greaves (CG) has bagged an order from PT PLN for setting up a total of 36 transformer bays around Indonesia, valued at around $20 million. These 36 extension bays will comprise 2 lots - the Java and Bali island extension bays representing Lot 1 and Sumatra, Kalimantan and the Sulawesi islands representing Lot 2. This project is being funded by IBRD - World Bank and is aimed at enhancing the performance of PT PLN’s Transmission Grid.

This contract was secured through a highly competitive international bidding process, among reputable bidders from Spain, China and India. This is the second such significant project secured by CG Indonesia since the acquisition of the new Bengkayang 275 kV Substation project in 2012, which is being funded by the Asian Development Bank (ADB). The scope of this new order includes design, manufacture, supply, construction and installation of 36 bays of 150kV in Java, Sumatra, Kalimantan and Sulawesi islands of Indonesia.

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

774.85 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
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Company Name CMP
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Apar Inds 11474.15
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