Transformers Company Receives Highest Single Order of Rs 641,00,00,000 from Power Grid Corporation of India Ltd
The company has a market cap of over Rs 1 lakh crore with multibagger returns of 315 per cent in 3 years and a whopping 10,500 per cent in 5 years.
CG Power and Industrial Solutions Ltd. (CG), an engineering conglomerate and a leader in the electrical engineering industry, has been awarded 765kV transformer package 7TR-12- bulk for procurement of 765/400 KV 1-ph transformers under corporate package for procurement of 765kV and 400kV class transformers and reactors of various capacities with revised methodology lot-4 by The Power Grid Corporation of India Limited. The total value of the supply of goods, including services, is around Rs 641 crore (USD 74M). The supply of goods is expected to be completed over a period of 18 to 36 months. This is the highest single order received by CG.
With a legacy spanning over 88 years, CG has established a strong foothold in the transformer business and is among one of the top manufacturers in the world and one of the very few companies worldwide that designs, manufactures and supplies a wide range of both power and distribution transformers and reactors for all critical applications. CG offers power transformers in the range of 25 kVA to 1500 MVA and 11kV to 765kV class and Reactors in the range of 10 MVAr to 125 MVAr and 33kV to 765kV class. These products conform to IEC, ANSI, IS, BS and other international standards and are globally used in industries such as power utilities, process industries, railways, mines, electricity boards, industrial users and more.
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About CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions Limited, an engineering conglomerate based in Mumbai, India, is a leader in the Electrical Engineering Industry. The company operates across two main business lines: Industrial Systems and Power Systems. They manufacture a diverse range of products, including traction motors, propulsion systems and signalling relays for the Indian Railways, as well as induction motors, drives, transformers, switchgears and other related products for the Industrial and Power sectors. Recently, CG Power also expanded into the Consumer Appliances market, offering products like fans, pumps and water heaters.
The company boasts world-class manufacturing plants in nine locations across India and one in Sweden, supported by a pan-India network of 5 regional and 14 branch offices, employing approximately 3,113 individuals. For the financial year 2025, CG Power's consolidated revenue reached Rs 9,909 crore (USD 1,146 M). The company maintains its leadership position through its exceptional expertise, customer-centric approach and a strong focus on innovation and sustainability. Notably, since November 2020, CG Power and Industrial Solutions Limited has been a part of the esteemed Murugappa Group.
The company has a market cap of over Rs 1 lakh crore with multibagger returns of 315 per cent in 3 years and a whopping 10,500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.