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05th Nov. 2019
CG Power Indonesia bags additional IDR 334 billion (USD 24 million) order from Indonesian state utility PT PLN Indonesia (Persero) for Power Transformers

Mumbai, 5th November, 2019: PT CG Power Systems Indonesia (CG Indonesia), a step down subsidiary of CG Power and Industrial Solutions Limited, has bagged an order from Indonesian state utility PT PLN (Persero) for manufacture and supply of 25 units’ Power Transformers valued at IDR 334 billion (USD 24 million). This is in addition to the order for 14 units at IDR 290 billion (USD 21 million) received earlier this year taking total order from PLN to IDR 624 billion (USD 45 million) for FY 20. This order will support PLN’s ambitious goal to enhance its Transmission Grid Performance and will be completed by June 2020, playing a critical part in its on-going Fast Track Program. The scope of this order consists of designing, manufacturing and installation of 39 units of Power Transformers at various Substations and Power Plants spread over the Indonesian archipelago.

 

The award of this order is a testament to CG Indonesia’s track record of having continuously designed, manufactured and supplied superior quality products making it the preferred supplier for power utilities in the region.

 

Commenting on this prestigious award, Mr. Lloyd Pinto, President – International Businesses of CG Power and Industrial Solutions Limited said “It is CG’s constant endeavor to provide world class products and service to our customers, enabling them in turn to be successful in their businesses. We are sure that CG’s commitment towards constant improvement and innovation will make our bond with our customers’ even stronger.”

 

Commenting on this prestigious award, Mr. Sudhir Mathur, Whole Time Executive Director of CG Power and Industrial Solutions Limited added “We thank PLN for their constant support over the years and for reposing their trust in CG. This award reinforces our focus and commitment to growing our presence in the SEAP region.”

 

About CG Power and Industrial Solutions Limited

 

CG Power and Industrial Solutions Limited (CG) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.

For more information on CG, please visit: www.cgglobal.com

 

 

For further information, please contact:

 

Ms. Barkha Nair

Lead - Corporate Communications

CG Power and Industrial Solutions Limited 

10th floor, CG House,

Dr. Annie Besant Road Worli,

Mumbai 400 030

Tel (D): +91 22 67559212

barkha.nair@cgglobal.com

 
 
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