CG Power and Industrial Solutions approves ₹662 crore capacity expansion
CG Power and Industrial Solutions has approved ₹662 crore in expansion projects to ramp up production capacities for motors, transformers, and switchgears, including specific expansions at Nashik and Mandideep plants, expected to be completed in 18 months.
Capacity
Instrument transformers and condenser bushings: 2,494 units per annum; medium voltage switchgears: 5,000 units per annum; GIS unit: 780 units per annum; Large Industrial Machines: 1,728 units per annum
Productsmotorstransformersswitchgearsinstrument transformerscondenser bushingsGIS unitslarge industrial machines
“The company has in total, so far, approved ₹662 crore expansion projects, which will be funded through internal accruals.”thehindubusinessline.com
- 3 sources
- thehindubusinessline.comCG Power aims to complete ₹662-cr capacity expansion in 18 months - The HinduBusinessLineG BalachandarJul 1, 2024
- newsonprojects.comCG Power aims to complete ₹662-cr capacity expansion in 18 months. | News On ProjectJul 2, 2024
- constructionworld.inCG Power to complete capacity expansion worth Rs 6.6 BnJul 4, 2024
Summarized from public sources; check the original articles before acting on it.
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