CG Power Names Amar Kaul as New MD & CEO

10 Jul 2024 CW Team

CG Power and Industrial Solutions has appointed Amar Kaul as its new Managing Director and CEO. Kaul, an industry veteran with extensive experience in the power and industrial sectors, will lead the company's strategic initiatives and operations.

Kaul takes over from Ashish Agrawal, who served as the interim CEO. The board of directors expressed confidence in Kaul's leadership, citing his track record of driving growth and innovation. Kaul's appointment is part of CG Power's broader strategy to strengthen its management team and enhance its market position.

Amar Kaul brings over 25 years of industry experience, having held senior leadership roles in various reputed organisations. His expertise spans across business development, operational excellence, and strategic planning, which are expected to be instrumental in steering CG Power towards achieving its long-term objectives.

CG Power, a leading player in the electrical and industrial equipment sector, has been focusing on expanding its product portfolio and enhancing its technological capabilities. The company aims to capitalise on emerging opportunities in the renewable energy and smart grid segments, areas where Kaul's experience and insights will be particularly valuable.

In his new role, Kaul will oversee the company's operations, drive strategic growth initiatives, and foster innovation. His leadership is expected to guide CG Power in navigating the evolving market landscape and addressing the dynamic needs of its customers.

The board thanked Ashish Agrawal for his contributions during his tenure as interim CEO and expressed optimism about the future under Kaul's leadership. Kaul's appointment marks a significant step in CG Power's journey towards sustained growth and market leadership in the power and industrial solutions sector.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..