MoneyWorks4Me

Crompton Greaves bags order worth Rs 239 crore in Netherland

04 Apr 2013 Evaluate

Crompton Greaves (CG) along with its consortium partners has been awarded Rs 239 crore contract for the construction of an offshore HV substation in the Netherlands from Van Oord Offshore Wind Projects BV. CG, in consortium with Cofely Fabricom and Iemants, it will design, deliver and install the high voltage offshore substation for the Luchterduinen project. The Luchterduinen offshore wind farm is located 23 km from the Dutch coast between Noordwijk and Zandvoort and has an installed production capacity of 129MW. The 43 wind turbines will generate green electricity for nearly 150,000 households.

The company will design, engineer and manufacture the overall electrical system. The delivery will include all electrical engineering work, two step-up power transformers, medium voltage and high voltage Gas Insulated Switchgear (GIS), auxiliary/earthing transformers, an MV reactor, and the SCADA/control and protection system for the substation. The project is expected to be completed by August 2015.

This is the sixth large offshore connection project secured by CG since 2008. The total orders booked by CG, along with its partners, for offshore wind connections to the grid amount to over Rs 1086 crore and include a combination of executed and unexecuted orders.

Crompton Greaves is engaged in designing, manufacturing and marketing electrical products and services related to power generation, transmission and distribution.

Peers
Company Name CMP
Waaree Energies 2455.00
Apar Industries 17272.05
Havells India 1091.00
Suzlon Energy 39.68
Siemens 3798.90
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