Press Release - CG wins USD 29 million order to upgrade the Indonesian Electricity grid
- Transformers to be manufactured in CG’s state-of-the-art factory at Bogor, Indonesia
- New order will reduce PT PLN’s import dependence
- Order consolidates CG’s position in South-East Asian market
Mumbai : April 3, 2014: Avantha Group Company CG’s Power Transformer plant at Indonesia has won an order worth USD 29 million from PT PLN Indonesia to supply Extra High Voltage transformers for its Indonesian electricity transmission network. The order involves supply of 500kV, 275kV and 150kV power transformers, which will be installed across PT PLN’s transmission network in Java and Sumatra islands.
PT PLN (Perusahaan Listrik Negara) is the sole Indonesian government-owned corporation in electricity generation, transmission and distribution in Indonesia. Through deployment of CG’s power transformers, PT PLN will be able to lessen its dependence on import of heavy equipment, while simultaneously executing timely implementation of its transmission network strengthening programme.
CG’s power transformers maximise space utility with their compact design and achieve optimum energy efficiency through low levels of losses. The reduced degree of noise and partial discharge also make the transformers a preferred choice for strengthening transmission networks.
The manufacturing of the new orders from PT PLN will be undertaken at CG’s world-class transformer factory located in Bogor, Indonesia. The facility is equipped to design, manufacture and test transformers up to 550kV class locally in Indonesia.
The new order shows increased trust by PT PLN in CG’s manufacturing expertise in this segment and will further bolster its position as a key provider of high-voltage transformers in the South East Asian market. The order comes on the back of CG’s successful completion of a similar first order in September 2013.
Speaking about the latest order, Avantha Group Company CG’s CEO & Managing Director, Laurent Demortier, said: “I would like to thank PT PLN Indonesia for placing its continued trust in CG’s energy products and technological expertise in the Ultra High Voltage (UHV) and Extra High Voltage (EHV) segments. Indonesia is a key strategic geography for CG, and the order sanctions the large investment done to bring state-of-the-art EHV solutions to the country. CG will be able to exclusively cater to the localised needs of PT PLN through its exhaustive range of power transformers in Indonesia. In line with CG’s export strategy the Indonesian plant will cater to markets such as Australia, New Zealand, Malaysia and South America.”
Mr. Laurent Demortier, CEO and Managing Director of 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 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
Mr. Hemant Lakhotiya
President SEA & Pacific Region
PT CG Power Systems Indonesia
Alamanda Building, 18th floor, JL TB Simatupang Kav 23-24,
Tel : +62 21 29660052