Archive · 17 Jun 2025
CG Power Bags Record ₹641-Crore Order from Powergrid
CG Power, an engineering firm, secured a large order!
They'll supply special transformers for Power Grid Corporation of India, worth ₹641 crore.
This is the company's biggest single order.
The transformers are essential for India's power grid.
The project will span up to three years.
The announcement led to a rise in CG Power's stock price.
CG Power operates through industrial systems and power systems.
CG Power received a ₹641-crore order from Power Grid Corporation of India (Powergrid).
The order is for supplying transformer packages, representing the company's largest single order.
The contract includes supply of 765kV Transformer Package 7TR-12-Bulk.
The project duration for supply of goods is 18 to 36 months.
CG Power's share price increased nearly 4% following the announcement.
- Who
- CG Power and Power Grid Corporation of India (Powergrid).
- What
- CG Power received a ₹641-crore order from Power Grid Corporation of India (Powergrid) for transformer packages.
- When
- The supply of goods is expected to be completed in 18 to 36 months.
- Where
- The equipment will be used within India's power grid.
- Why
- To support power transmission and industrial automation, expanding India's power grid.
- Company
- CG Power and Industrial Solutions
- Contract Value
- ₹641 crore
- Client
- Power Grid Corporation of India (Powergrid)
- Equipment
- 765kV Transformer Package
- Project Duration
- 18-36 months
- Stock increase
- Nearly 4%
