MoneyWorks4Me

Crompton Greaves bags contract worth Rs 231 crore from PGCIL

27 Jun 2013 Evaluate

Avantha Group Company Crompton Greaves (CG) has bagged three contracts from Power Grid Corporation of India (PGCIL) for supply of 7 nos. 500 MVA single phase 765 kV auto transformers and 38 nos. 80 MVAR and 110 MVAR single phase 765 kV reactors, valued at Rs 231.7 crore for its Thiruvelum, Kurnool, Raipur and Wardha substations.

The scope of the contracts includes design, manufacturing, factory testing, dispatch, erection, site testing, commissioning and related civil construction, at various locations in India.  The products will be manufactured at CG’s Bhopal plant and the projects are expected to be completed within 31 months.

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.

Peers
Company Name CMP
Waaree Energies 2368.75
Apar Industries 18059.45
Havells India 1053.00
Suzlon Energy 37.81
Siemens 3737.60
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