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Crompton Greaves wins $105 million order from PT PLN Indonesia

17 Jan 2017 Evaluate

Crompton Greaves (CG) has won a significant order of $105 million (approximately Rs 720 crore) from PT PLN, the state-owned electricity company of Indonesia, to manufacture and install Power Transformers ranging from 30 MVA, 70/20kV to 500 MVA, 500/150kV. CG's power transformers will be installed across PT PLN's transmission network, spread over multiple substations and power plants in Java, Sumatra, Kalimantan, Sulawesi and the Papua islands of the Indonesian archipelago.

The contract was secured through a highly competitive open book bid that involves passing through stringent quality checks. CG was selected for this prestigious project due to its successful track record in Indonesia, backed by a global recognition of its technical expertise in manufacturing and supplying state- of-the-art products and solutions. The scope of the project includes site survey, design, manufacture, transportation and installation of the transformers. The order falls under a project funded by PT PLN to enhance the performance of the Indonesian transmission grid, which is critical to PLN's 35 GW Fast Track Programme.

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

796.65 21.80 (2.81%)
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