◂ Announcements

Oct 20, 2023EXPANSIONNashik, Mandideep (Bhopal), Bhopal, India

CG Power to invest ₹347 crore in capacity expansion across multiple units

CG Power and Industrial Solutions will invest about ₹347 crore to expand manufacturing capacity of instrument transformers, condenser bushings, medium voltage switchgear, GIS units at Nashik, large industrial machine units at Mandideep, and power transformers at Bhopal.

Value

$41.7M (3.47B INR)

Status

Announced

Capacity

Large industrial machines: from 1,002 to 1,728 units per annum; power transformers: from 25,000 MVA to 35,000 MVA; distribution transformers: from 6,900 MVA to 9,900 MVA

Productsinstrument transformerscondenser bushingsmedium voltage switchgearGIS unitslarge industrial machinespower transformersdistribution transformers

CompaniesCG Power and Industrial Solutions

Sectors#Industrial Machinery #Electrical Equipment

“CG Power will spend about ₹155 crore to expand the manufacturing capacity of instrument transformers and condenser bushings, medium voltage switchgear, and GIS units at its Switchgears Division complex in Nashik.”thehindubusinessline.com

1 source
thehindubusinessline.comCG Power to undertake ₹347-cr capacity expansion across units - The HinduBusinessLineBalachandar G 10364Oct 20, 2023

Summarized from public sources; check the original articles before acting on it.

◂ Announcements

CG Power to invest ₹347 crore in capacity expansion across multiple units

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◂ Announcements

CG Power to invest ₹347 crore in capacity expansion across multiple units

More from CG Power and Industrial Solutions

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