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February 10, 2016 1:45 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,  110001

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: 53
Group Director of Finance and Member of Management Board
Age: 58
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: 50
President of Consumer Business of Crompton Greaves and Executive Vice-President of Crompton Greaves
Compensation as of Fiscal Year 2015.

Avantha Group Key Developments

CG and the CEA to Explore Solar Market Potential in India

Avantha Group Company CG and CEA (LITEN) have agreed to cooperate for a period of 12 months to investigate market potential and opportunities for Solar Photovoltaic (PV) system with storage function for Indian Airports. The agreement was formally announced during the recently held India-France Business Summit in Chandigarh. There is no capital investment in the first phase of this collaboration; however, following investigation if found suitable, the companies intend to set up manufacturing facilities using CG’s infrastructure and expertise in India and technology know-how of CEA for commercialising the business opportunity. Being a critical infrastructure Airports need significant energy backup. Use of Solar PV with battery backup is an innovative solution that will enable Indian airports to reduce carbon emissions by moving over the traditional diesel generator (DG) sets, at the same time make it an economical option given the considerable Time of Day (TOD) charges levied.

Avantha Group Company CG Wins Contract from Energinet.dk to Power Offshore Wind Farm in Baltic Sea

Avantha Group Company CG has won a contract from Energinet.dk to provide power transformers and gas insulated switchgear, or GIS, for the Kriegers Flak wind farm project in the Baltic Sea. The order consists of two onshore 500 MVA 410/235kV autotransformers (frame contract); four 220 MVA 32/225kV offshore platform substation transformers; and nine bays 220kV Gas Insulated Switchgear for the offshore platform substations. CG's equipment will maintain the overall short-term and long-term security of electricity supply from the wind farm. Kriegers Flak is to be developed in close partnership with their regional neighbours Sweden and Germany. The planned 600 MW offshore wind farm will act like a 'Supergrid', transmitting renewable energy through power grids to all three countries. It will be built in the waters between Mon, Denmark, southern Sweden and north Germany and its 130 wind turbines will produce around 2.1 TWh of electricity. The wind farm is planned to go into operation sometime between 2018 and 2020. It will help to more than double Denmark's wind power energy capacity to 42% and provide electricity to over 600,000 homes in the three countries.

Avantha Group Company Secures Contract to Equip Seven Transmission Substations of Dominican Republic Transmission Utility ETED

Avantha Group Company CG has been awarded an attractive contract to equip seven transmission substations of Dominican Republic Transmission Utility ETED (Empresa de Transmision Electrica Dominicana) with ZIV Substation Automation and Telecommunication Systems. The timing for delivery is March 2016, followed by project commissioning by June 2016. The project is part of the expansion of the electricity transmission system in the southern region of the Dominican Republic where the larger wind farm in the country is located. Cruce de Cabral substation is one of the 7 substations to be equipped with ZIV solutions. It connects the national power grid to 'Los Cocos wind farm', the first and larger wind farm in the country with a generating capacity of 77.2 MW with 40 mills, equivalent to 100,000 households supplied with clean energy or a million low consumption bulbs burning for one year. ZIV was also the system chosen for the protection and automation of Los Cocos in the latest expansion that increased the capacity of the first stage of the wind farm (25.2 MW) by 200%. The awarded contract includes not only ZIV Protection, Control, Telecommunication and Engineering services but also a complete Telecom System for another four existing substations. They will be equipped with ZIV Universal Teleprotection Sytems according to the Telecom Engineering Project.

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