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May 25, 2015 1:27 PM ET

Industrial Conglomerates

Company Overview of Avantha Group

Company Overview

Avantha Group operates in pulp and paper, power transmission and distribution equipment and services, food processing, farm forestry, chemicals, energy, infrastructure, information technology, and information technology-enabled services businesses. It engages in the manufacture of writing and printing papers; management and application of electrical energy; design, manufacture, and marketing of electrical products; cultivation, processing, and marketing of gherkins, jalapenos, pearl onions, capers, pritamin peppers, sweet and sour cherries, and sweet corn; manufacture of bromine and bromine chemicals, phosphoric acid, caustic soda, and chlorine; generation of electric power; and production o...

Thapar House

124, Janpath

New Delhi,  110 001

India

Founded in 1919

Phone:

91 11 2336 8332

Fax:

91 11 2336 8729

Key Executives for Avantha Group

Chairman and Chief Executive Officer
Age: 52
Group Director of Finance and Member of Management Board
Age: 57
Chief Executive Officer of The Global Green Company Limited, Managing Director of The Global Green Company Limited and Director of The Global Green Company Limited
Age: 49
President of Consumer Business of Crompton Greaves and Executive Vice-President of Crompton Greaves
Compensation as of Fiscal Year 2014.

Avantha Group Key Developments

Avantha Group Company CG, Cofely Fabricom and Lemants Win the Contract for the Turnkey Supply and Installation of HV Offshore Substation for the 400 MW Veja Mate Offshore Project GmbH

Avantha Group Company CG, along with other consortium partners Cofely Fabricom and lemants, has been awarded the contract for the turnkey supply and installation of HV offshore substation for the 400 MW Veja Mate Offshore Project GmbH. The scope of work for CG includes the electrical engineering, grid compliance studies, HV/MV equipment supply, installation and commissioning. The equipment will be installed at the 400 MW offshore substation for the Veja Mate wind farm located over 100 kilometers off the German coast in the North Sea. The project will be brought online before the end of 2017. The 400 MW Veja Mate wind farm comprises of 67 wind turbines (6MW) and will be connected to the German high voltage grid via the BorWin2 converter platform. Veja Mate will produce enough electricity for over 280,000 households and reduce CO2 emissions by over 570,000 tons per year. This project adds to the growing list of 12 offshore substations utilising CG high voltage AC (alternating current) solutions, with a total offshore wind generation capacity of nearly 3500 MW power. The accumulated contract value on these offshore wind high voltage transmission scope projects, including Veja Mate represents, approximately 200 Mio Euro. Offshore wind is a major component of Europe's target to harness 20% of its energy from renewable sources. Currently, 12 projects are under progress and once completed, they will increase the installed capacity by around 3 GW, bringing the cumulative capacity in Europe to nearly 11 GW.

Avantha Group Company CG Wins INR 1.15 Billion Order from Power Grid Corporation of India Limited

Avantha Group Company CG announced that it has bagged a significant order from Power Grid Corporation of India Limited (PGCIL) for the supply of 80 MVAR 765kV Shunt Reactors valued at INR 1.15 billion. The scope of this contract to be executed in 20 months includes design, engineering, manufacture, shop testing, supply, erection testing and commissioning at site, and other associated civil works. These reactors will be installed at PGCIL's Vemagiri and Srikakulam Sub-stations in the state of Andhra Pradesh and will add to the existing population of over 100 CG made reactors already in commission in PGCIL's UHV network.

Avantha Group Company CG to Provide ANDE with Smart Grid Infrastructure

Avantha Group Company CG has been awarded with an important contract by Administración Nacional de Energía (ANDE) to supply 10 complete ZIV Substation Automation Systems. The scope of the contract also includes engineering services, training and systems integration. The project, financed by the World Bank, is scheduled to be completed in six months. CG won this order against stiff international and national competition and foresees a close relationship with ANDE, as the country is committed to improving the reliability and capacity of the transmission and distribution grid. CG has recently supplied another lot of ZIV protections and meters, and last November signed a contract for the supply of eight single and three phase transformers totaling 420 MVA, for the expansion of the 220 kV and 66 kV electricity network.

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