CG (Crompton Greaves Ltd) commenced operations of its new Extra High Voltage (EHV) Switchgear manufacturing facility in Sapucaia do Sul in the state of Rio Grande do Sul, Brazil.
The EHV switchgear manufacturing facility is the first CG manufacturing facility in Brazil. CG will manufacture a full range of EHV switchgear targeted at the Brazilian Utility market segment. The total market represents more than USD 1 Bn and growing. CG intends to differentiate by introducing its latest models and provide Brazilian customers with a 30 per cent reduced lead time. CG expects to reach more than 10 per cent of the market.
The annual designed manufacturing capacity exceeds 500 HV breakers, 1000 lightning arresters and 300 instrument transformers. CG expects annual revenue in excess of USD 50 Mn during the first years of operation. CG has already received more than USD 6 million worth of orders from Utilities such as CEMIG, CPFL, CEEE, RGE and Toshiba .
“Brazil is a key region for the development of CG. CG has already a large installed base in the region with more than 1500 breakers in operation. This new facility in Brazil will not only provide customers with a very short lead time but will also provide a full range of services for the current installed base viz; spare parts, training, sales support and engineering services. We are very pleased to establish this first factory in Rio Grande do Sul and are very grateful to the State and our customers who have supported us all along the development of this new venture” said Mr. Laurent Demortier, CEO and Managing Director.
CG, is a pioneering leader in the management and application of electrical energy. CG operates globally, is present in 21 countries and employs more than 15000 employee . CG provides electrical products, systems and services for Utilities, Power Generation, Industrial and Consumers.The company is organized into three business groups: Power, Industrial and Consumer. Nearly, two-thirds of its turnover accrues from Product Lines in which it enjoys a leadership position. CG is a part of the US$ 4 Bn Avantha Group. The Avantha Group has an impressive global footprint and comprises 8 successful, diverse entities.
For more information on CG, please visit: www.cgglobal.com