Press Release - CG power equipment to energise Nairobi Metropolitan Ring
- Deal worth USD 15 million
- Partners with Iberdrola Engineering and Construction to supply power transformers, circuit breakers, instrument transformers and lightning arresters
- Equipment to help upgrade Nairobi`s power grid and meet growing demand
Mumbai, May 14, 2014: Avantha Group Company CG has sealed a deal with Spain`s leading energy group, Iberdrola Ingenieria y Construccion S.A.U., which is supervising the Nairobi Metropolitan Ring Project, to supply high-voltage (HV) equipment for the under-construction 220/66 kV substations around the Greater Nairobi Metropolitan Area. The order, worth USD 15 million, involves the supply of six 200 MVA, 220/66kV HV power transformers, circuit breakers, instrument transformers and lightning arresters. The project is scheduled for completion by the end of 2014.
The CG power equipment will be installed in the new 220 kV substations at Isinya, Suswa, Ngong, Athi River and Koma Rock. The equipment will also feature in the existing Dandora substation, which is going through expansion. The Nairobi Ring project will help meet Kenya`s rising electricity demand, projected to grow at around 14% per year, from 1,205 MW last year to 15,065 MW by the year 2030. The KSh 4.9 billion substation project is financed by Agence Francaise de Development (AFD) and the Government of Kenya.
CG bagged the prestigious deal due to its holistic solution-based approach that propels a project to completion within a demanding schedule. The order reinforces the existing strong relationship between CG and Iberdrola. Earlier in 2013, CG provided substation and automation equipment to Iberdrola in Spain, USA and the UK. At the world`s first major Smart Grid deployment at the Iberdrola STAR Project, in Bilbao, Spain, over 227,000 CG smart meters are successfully monitoring the electricity services.
The Nairobi Metropolitan Ring project is the largest order CG has received from Iberdrola Engineering and Construction. Iberdrola Engineering and Construction is the world`s fifth largest utility and the largest renewable energy company, with operations in Europe, Latin America and the United States. It was recently selected as the leading European utility by the Institutional Investor Research Group in its 2014 All-Europe Executive Team ranking.
Commenting on the order, Avantha Group Company CG`s CEO and Managing Director, Laurent Demortier, said: "We are delighted that CG will play a pivotal role in Kenya Electricity Transmission Company`s initiative to upgrade Nairobi`s power transmission infrastructure and ensure power transmission reliability in this region. The order takes forward CG`s ongoing foray into Nairobi`s power infrastructure. We thank Iberdrola Engineering and Construction for their continued trust in CG, and we look forward to further strengthening our reputation as a trust-worthy partner for globally benchmarked, cost-effective and reliable power equipment."
Mr. Laurent Demortier, CEO and Managing Director, 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.
CG`s Automation headquarters located in Bilbao, Spain, hosts the center of excellence for the development of CG`s smart grid solutions commercialized under the ZIV® brand.
For more information on CG, please visit: www.cgglobal.com.
The Rs. 25,000 crores (US$4bn) Avantha Group is one of India`s leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers)
With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. 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 - Communications
CG (Crompton Greaves Limited)
CG House, 10th floor
Worli, Mumbai 400 030, India
Mrs. Shravani Dang
Group Head - Corporate Communications
Avantha Group 1st Floor, Thapar House,
24, Janpath Lane, New Delhi 110 001
T : +91 22 24237516 / 67558771
Tel (D): +91 11 41699282
Tel (B): +91 11 23368332
Dr. Jan Declercq
Chief Technology Officer
2800 Mechelen, Belgium
Tel : +32 15 283 240
CG Automation Communications Manager
PT Zamudio, 210. Zamudio.
T : +34 625709727