
Crompton Greaves Wins Rs 720-Cr Order from PT PLN Indonesia
Crompton Greaves Ltd (CG), a Mumbai-based top player in the management and application of electrical energy, has bagged an order worth $105 million (approximately Rs 720 crore) from PT PLN, the state-owned electricity company of Indonesia, to manufacture and install power transformers ranging from 30 MVA, 70/20 kV to 500 MVA, 500/150 kV across PT PLN’s transmission network.
PT PLN’s transmission network spread over more than 100 substations and power plants in Java, Sumatra, Kalimantan, Sulawesi and the Papua islands of the Indonesian archipelago.
According to a filing from CG, the scope of the project includes site survey, design, manufacture, transportation and installation of the transformers. The order falls under a project funded by PT PLN to enhance the performance of the Indonesian transmission grid, which is critical to PLN’s 35 GW fast track programme. The transformers will be manufactured in CG’s manufacturing facility in Indonesia, it added.
The latest order is the seventh consecutive order from CG in the open book series, according to the filing.
Commenting on the order win, CG’s Managing Director and CEO, K N Neelkant said, “we thank PT PLN for this significant order that reaffirms their trust in CG’s manufacturing expertise. At CG we have consistently built on our reputation as a quality provider of indigenously built products that meet both global standards, as well as local conditions. Our technological edge makes us well positioned to support utilities in their network strengthening goals and we look forward to many more similar collaborative efforts.”
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