Avantha Group firm bags Rs 119 crore order from NTPC

Image
Press Trust of India New Delhi
Last Updated : Feb 17 2015 | 2:45 PM IST
Avantha Group company CG has been awarded with a contract by NTPC for design, manufacturing and supply of Generator Step-Up Transformers for its largest capacity 800 MW super-critical thermal power plant at Darlipali in Odisha.
The Rs 119 crore order requires supplying equipment and is scheduled to be completed in thirty-two months.
"With our technology driven solutions, India manufacturing base and robust supply chain management, CG is well placed to leverage the growing demand in India and support power utilities in meeting their capacity targets," Avantha Group Company CG's CEO and Managing Director Laurent Demortier said.
The USD 4-billion Avantha group has business interests in diverse areas, including pulp and paper, power transmission and distribution equipment and services, food processing, farm forestry, chemicals, energy, infrastructure, information technology (IT) and IT-enabled services.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 17 2015 | 2:45 PM IST

Next Story