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Avantha Group company Crompton Greaves Ltd, in partnership with ZTR of Ukraine, has bagged a Rs 600-crore contract for the supply and commissioning of 765kV shunt reactors for Power Grid Corporation of India Ltd's various projects across the country. The contract includes design, engineering, manufacturing, supply, erection, testing and commissioning of 86 numbers of 765 kV shunt reactors.

 

The project completion schedule is July 2012. The association with PGCIL will now pave the way for the company to enter into the UHV (ultra high voltage) segment, which will be an important area for Crompton Greaves going forward.

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Peers
Company Name CMP
Waaree Energies 2555.00
Apar Industries 16562.10
Havells India 1087.20
Suzlon Energy 42.85
Siemens 3771.00
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