# CG Power becomes L1 bidder for INR 159 crore transformer package

CG Power and Industrial Solutions Limited emerged as the L1 (lowest) bidder for a transformer package (TR-50) from Power Grid Corporation of India, involving supply of 3x500MVA, 1-Ph, 765/400kV ICTs at substations in Telangana and Gujarat. The contract value is INR 1,589,602,140.

- Type: Contract
- Announced: 2024-04-02
- Where: Maheshwaram, Telangana; KPS-3 and Padghe, Gujarat, India
- Value: $19.1M (1.59B INR)
- Status: announced
- Products: 765/400kV ICT transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [CG Power and Industrial Solutions](https://endata.com/companies/16858.md)
- [Power Grid Corporation of India](https://endata.com/companies/4691.md) (customer)

## Sources

- [projectxindia.com](https://projectxindia.com/2024/04/02/cg-power-secures-top-position-in-transformer-package-bidding-process/), 2024-04-02: "The company has emerged as L1 Bidder for Transformer Package TR-50 for procurement of 3x500MVA, 1-Ph, 765/400kV ICT."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.