Crompton Greaves wins 17 mn euro order from Spanish firm GNF

Image
Press Trust of India New Delhi
Last Updated : Sep 28 2015 | 1:57 PM IST
Avantha Group company Crompton Greaves today said it has bagged a 17 million euro (Rs 125 crore) order from Spanish utility Gas Natural Fenosa (GNF) for supplying ZIV single and three phased smart meters.
The company "has won a 17 million euro (Rs 125 crore) contract to supply ZIV single and three phased smart meters to GNF and will be the main supplier for the utility," Crompton Greaves Ltd said in a BSE filing.
According to the statement, ZIV smart meters will cover large part of the demand for domestic meters from GNF, having won the order of supplying 750,000 singly phase smart meters blast year.
GNF is a leading multinational group in energy sector and a pioneer in integration of gas and electricity.
Present in 30 countries, it serves more than 23 million customers with an installed capacity of 14.8 GW.
*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: Sep 28 2015 | 1:57 PM IST

Next Story