CG Power’s board approves Rs 135 crore capital expenditure programme

14 Jun 2021 Evaluate

CG Power and Industrial Solutions’ board has approved a capital expenditure (capex) programme of Rs 135 crore to be implemented in the current financial year. The capex will be spent in balancing, debottlenecking and modernising facilities at the plants to improve production and productivity.

CG Power and Industrial Solutions (formerly Crompton Greaves) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.

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