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CG Power Secures Record ₹641 Crore Order to Supply Ultra-High-Voltage Equipment

The contract covers provision of 765kV/400kV transformers under PowerGrid’s corporate package with delivery scheduled over the next 18 to 36 months.

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Overview

  • CG Power and Industrial Solutions Ltd secured a ₹641 crore order from Power Grid Corporation of India Ltd, marking its largest-ever single contract.
  • The deal falls under Corporate Package 7TR-12-Bulk, Lot-4 and encompasses supply and servicing of 765kV/400kV class transformers and reactors.
  • Production and delivery are slated for completion within an 18 to 36 month timeframe.
  • CG Power’s FY25 order intake reached ₹13,526 crore, reflecting 35% year-on-year growth alongside consolidated revenues of ₹9,909 crore.
  • Shares of CG Power closed up over 2% on the NSE following the announcement, underscoring investor confidence.