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CG Power bags Rs 319-cr order from Indian Railways

Avantha Group Company, CG Power and Industrial Solutions (CG) today said it has bagged an order from Indian Railways valued at Rs 319 crore to supply under slung electrics for diesel electric tower car (DETC).

Large quantities of DETCs are required for massive track electrification drive taken up by Indian Railways across the country, a company statement said.

According to the statement, more than 1,000 DETCs shall be required for electrification and thereafter for inspection and maintenance in the coming years.

This came on the back of certain successful executions of earlier railway orders by CG Power where it worked with multiple partners to erect and commission various projects at railway production units and railway sheds, it said.

CG Power is the first to design, develop, integrate, receive approval and commission state-of-the-art propulsion system for diesel electric tower car with underslung electrics working in close coordination with ICF Chennai, it added.

The company's CEO and Managing Director, K N Neelkant, said, CG has been a long serving partner of Indian Railways. With the Indian Railways making bold moves towards electrification, this partnership has become even more critical and value-accretive."

"With its commitment to state-of-the-art technology and innovation, CG has been able to provide customised solutions to the Indian Railways which has enabled it to make more significant contributions, Neelkant added.