You are here: Home » News-IANS » Business-Economy
Business Standard

CG Power Systems wins $55 mn order from Indonesian firm

IANS  |  Mumbai 

CG Power and said on Monday its wholly-has won an order worth $55 million from state-run Indonesian utility (Persero) to manufacture and supply 64 units of power

CG Power Systems is a wholly of company CG Power and Industrial Solutions, formerly Crompton Greaves.

"CG Power Systems has bagged an order from ... (Persero) for manufacturing and supply of 64 units of power valued at $55 million," the company said.

"This project is the first of its kind to be funded by the to support PLN's ambitious goal to enhance its transmission grid performance," it added.

CG Power said it will complete the supplies against the order by December 2018.

--IANS

bc/nks/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 16:54 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU