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May 23, 2015 1:07 AM ET

Electrical Equipment

Company Overview of Crompton Greaves Limited

Company Overview

Crompton Greaves Limited provides various electrical products and services for utilities, industries, and consumers primarily in India. It operates in four segments: Power Systems, Consumer Products, Industrial Systems, and Other. The Power Systems segment offers power and distribution transformers, switchgears, circuit breakers, vacuum interrupters, network protection and control gears, and reactors, as well as power supervisory control and data acquisition systems (SCADA). This segment also undertakes design, execution, and servicing of turnkey transmission and distribution, as well as sub-station projects and solutions, including end to end renewable projects. The Consumer Products segmen...

CG House

6th Floor

Dr. Annie Besant Road

Worli

Mumbai,  400030

India

Founded in 1937

9,500 Employees

Phone:

91 22 2423 7777

Fax:

91 22 2423 7788

Key Executives for Crompton Greaves Limited

Chief Executive Officer, Managing Director, Executive Director and Member of Stakeholders Relationship Committee
Age: 53
Total Annual Compensation: $12.0M
Compensation as of Fiscal Year 2014.

Crompton Greaves Limited Key Developments

CG to Provide Smart Grid Solutions in Saudi Arabia

Avantha Group Company CG has been awarded a contract worth €3.4 million by Saudi Electricity Co. for ZIV three-phase smart meters. SEC has taken an important step into the deployment of smart grids by defining a new functionality and a new data model for the performance of the smart meters. Interoperability, remote management and accuracy are the three key features of these smart meters that will be connected to current transformers and will communicate via modem (GPRS). The segment of small-commerce end users will be the first one to have the meters replaced by the new smart meters and successive contracts are expected to be awarded in the short run. CG’s endeavour has been to adapt ZIV smart meters to the particular functionalities requested by SEC and to collaborate in the definition of the optimal systems for the deployment of smart grid solutions in Saudi Arabia. As a technical leader in the region, SEC´s definition of a smart grid solution will be a determinant for development of new strategies in the area.

CG Continues to Partner with ANDE to Strengthen Paraguay’s Electricity Network

CG has signed a contract with Administración Nacional de Electricidad for the design, manufacturing, testing and supply of 245kV, 72.5kV and 23kV switchgear equipment. The order comprises of SF6 Gas Circuit Breakers, Disconnectors, Instrument Transformers, Lightning Arresters and Metal Clad Indoor VCB Panels. CG will also provide spare parts, training, installation and commissioning services to ANDE. With this order, CG has emerged as one of the major suppliers of T&D equipment to ANDE ranging from Single and Three Phase Power Transformers to Shunt Reactors, HV Air Insulated Switchgear, MV Switchgear, Protection & Control Relays and Smart Meters.

Avantha Group Company CG Wins INR 11.5 Million Order from PGCIL

Avantha Group Company CG announced that the company 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 11.5 million. 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. This order reinforces CG's existing leadership in the UHV transmission segment in India and its long standing relationship with the Central Transmission Utility. CG won this order beating stiff global competition and its successful track record having partnered with PGCIL for multiple projects. These reactors when commissioned will not only enhance the transmission efficiency of the national grid, but will also improve the quality of power that reaches the consumer.

Recent Private Companies Transactions

Type
Date
Target
Spin-Off/Split-Off
October 16, 2014
Crompton Greaves Consumer Electricals Limited
Merger/Acquisition
October 16, 2014
Crompton Greaves Limited, Land Parcel at Kanjurmarg
 

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