India-based transmission utility Power Grid has awarded contracts worth Rs3bn ($46m) to Avantha Group company CG to supply power transformers for various substations across India, to strengthen the national grid.
As part of the deal, CG will supply 765kV transformers to the Chittorgarh and Ajmer substations, which are part of the country’s Green Energy Corridor initiative to enable renewable energy transmission into the national grid.
The contract also covers 400kV transformers and reactors for substations in Kunta, Madhugiri, Narendra, Silchar, Mandola, Manesar, Panchkula and Damoh. These units will help in solar power evacuation to the 400kV grid.
The company plans to commission the equipment by 4Q of fiscal 2016-17.
CG CEO and managing director Laurent Demortier said: "A robust ultra-high voltage (UHV) infrastructure will be the key to the future of the power sector in India and CG has displayed its superiority in manufacturing and supplying high quality equipments that make us the partner of choice to build the national transmission backbone.
"The CG edge is in providing the necessary support to utilities with solutions that offer a technological advantage backed by high efficiency, reliability and low life-cycle cost."
The Indian Government is planning to invest Rs1 trillion ($15.3bn) in the next one year to strengthen its power transmission system.
Image: CG CEO and managing director Laurent Demortier. Photo: courtesy of cgglobal.com.