Avantha Group company CG awarded $60 million contract by Ministry of Electricity, Iraq
- To build four turnkey high voltage GIS substations
- Will improve electricity supply & upgrade electricity transmission grid in Iraq
- Win demonstrates widened product scope and extended capabilities
Mumbai, April 16, 2013. Avantha Group Company CG has been awarded a major contract for $60 million for the turnkey construction of four high voltage GIS substations by the Electrical Transmission Project Office of the Ministry of Electricity (MOE) in Iraq. The company will design, manufacture, deliver and install the substations, thus helping upgrade and reinforce the existing 132 kV electricity transmission grid.
This win showcases the widened product scope and extended capabilities of CG that enable the company to offer optimal solutions to customers who are looking for integrated systems in smart power transmission. The technological up-gradation will help reach efficient power supply to end customers.
The delivery will include all electrical engineering works, 12 power transformers, medium voltage and high voltage Gas Insulated Switchgear (GIS) and SCADA/control and protection systems for the high voltage substations. The project is expected to be completed by August 2014.
CEO and Managing Director Laurent Demortier of Avantha Group company CG said : "We thank the Ministry of Electricity in Iraq for renewing their trust in CG, which has supported Iraq for the last 25 years and helped build its electrical infrastructure. CG has supplied high quality, reliable T&D products and has a successful track record of building similar substations in the Middle East region. We look forward to strengthening our relationship with the Ministry in Iraq as a long-standing partner."
About Avantha Group Company CG
Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
For more information on CG, please visit: www.cgglobal.com
The US$4bn Avantha Group is one of India`s leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions and Avantha Technologies. With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, food processing, farm forestry, insurance, chemicals, IT and ITES. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com.
For further information, please contact :
Ms. Paula Sengupta
Global Head – Corp. Comms.
CG (Crompton Greaves Limited)
CG House, 1st floor
Worli, Mumbai 400 030, India
Mrs. Shravani Dang
Group Head - Corporate Communications
Vice President - Avantha Group
5th Floor, Tower C, First India Place,
Gurgaon-122002, Haryana, India
|T: +91 22 24237516 / 67558771
|T : +91 124 4099436
Dr. Jan Declercq
Chief Technology Officer
2800 Mechelen, Belgium
|T: +32 15 283 240