 "Crompton Greaves inks pact with Paraguay's ANDE")
"Avantha Group company CG has signed a contract with...(ANDE), national power utility of Paraguay for the design, manufacturing, testing and supply of switchgear equipment," Crompton Greaves said in a BSE filing.
The company further said that it has won orders from ANDE to the tune of over $25 million cumulatively since last year. The projects include, supply of high voltage power products and automation solutions.
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CG said the contract was won through a bidding process.
Shares of Crompton Greaves were trading at Rs 167.70 a piece in the morning trade, down 0.77 per cent on the BSE.
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