CG bag contracts worth Rs 231 cr from Power Grid

Scope of the contracts includes design, manufacturing, factory testing, dispatch, erection, site testing, commissioning, related civil construction, at various locations in India

Avantha Group firm CG today said it has bagged orders worth over Rs 231 crore from Power Grid Corporation of India.

The three contracts, together valued at Rs 231.7 crore, is for supplying equipment to state-run Power Grid's  for its Thiruvelum, Kurnool, Raipur and Wardha sub-stations.

The company, part of Avantha Group, would supply seven 500 MVA single phase 765 kV auto transformers and 38 numbers of 80 MVAR and 110 MVAR single phase 765 kV reactors.

In a statement, CG said scope of the contracts includes design, manufacturing, factory testing, dispatch, erection, site testing, commissioning and related civil construction, at various locations in India.

"The products will be manufactured at Crompton Greaves' Bhopal plant and the projects are expected to be completed within 31 months," it noted.

CG Chief Executive and Managing Director Laurent Demortier said he was thankful to Power Grid for continuing to repose trust in the company's products and technological expertise.

The firm is a leading player in the Ultra High Voltage transmission segment.