CG Power Wins Rs 6.41 Billion Order from Power Grid

20 Jun 2025 CW Team

The announcement pushed CG Power’s share price up by 2.32 per cent, closing near the day’s high at Rs 698 on the NSE. With more than 88 years of experience, CG Power is a global leader in high-voltage electrical equipment, manufacturing transformers up to 1,500 MVA and 765kV, and reactors up to 125 MVAr.

Now part of the Murugappa Group, CG Power is a recognised provider of end-to-end solutions for the application and management of electrical energy. Its offerings span across power systems and industrial systems, catering to utilities, railways, mining, and industrial sectors. The firm maintains global quality standards, manufacturing to IEC, ANSI, IS, and BS norms.

This major win aligns with CG Power’s strategic aim to strengthen its position in India’s power infrastructure ecosystem. The company posted consolidated revenues of Rs 9.91 billion in FY25, and continues to grow across its key segments.

In financial performance, net profit rose by 17 per cent year-on-year in Q4 FY25 to Rs 274.26 crore, up from Rs 233.81 crore in the same quarter last year, driven by a rise in income to Rs 2.82 billion from Rs 2.24 billion.

However, full-year FY25 profit dipped to Rs 9.73 billion, down from Rs 14.28 billion in FY24, despite total income growing to Rs 10.07 billion.

CG Power’s core business remains focused on delivering products and solutions across two segments:

Power Systems: transformers, switchgear, automation, and turnkey projects.
Industrial Systems: electric motors, alternators, drives, traction electronics, and SCADA systems.

This landmark contract reinforces CG Power’s leadership in the high-voltage equipment sector while supporting the modernisation of India’s power grid.

CG Power and Industrial Solutions Ltd has secured its largest-ever contract, valued at Rs 6.41 billion, from Power Grid Corporation of India Ltd (PGCIL). The order is for the supply and servicing of 765kV and 400kV class transformers and reactors under PowerGrid’s Corporate Package 7TR-12-Bulk, Lot-4. The project, which includes 1-phase 765/400 kV transformers and various capacity reactors, will be executed over a period of 18 to 36 months.The announcement pushed CG Power’s share price up by 2.32 per cent, closing near the day’s high at Rs 698 on the NSE. With more than 88 years of experience, CG Power is a global leader in high-voltage electrical equipment, manufacturing transformers up to 1,500 MVA and 765kV, and reactors up to 125 MVAr.Now part of the Murugappa Group, CG Power is a recognised provider of end-to-end solutions for the application and management of electrical energy. Its offerings span across power systems and industrial systems, catering to utilities, railways, mining, and industrial sectors. The firm maintains global quality standards, manufacturing to IEC, ANSI, IS, and BS norms.This major win aligns with CG Power’s strategic aim to strengthen its position in India’s power infrastructure ecosystem. The company posted consolidated revenues of Rs 9.91 billion in FY25, and continues to grow across its key segments.In financial performance, net profit rose by 17 per cent year-on-year in Q4 FY25 to Rs 274.26 crore, up from Rs 233.81 crore in the same quarter last year, driven by a rise in income to Rs 2.82 billion from Rs 2.24 billion.However, full-year FY25 profit dipped to Rs 9.73 billion, down from Rs 14.28 billion in FY24, despite total income growing to Rs 10.07 billion.CG Power’s core business remains focused on delivering products and solutions across two segments:Power Systems: transformers, switchgear, automation, and turnkey projects.Industrial Systems: electric motors, alternators, drives, traction electronics, and SCADA systems.This landmark contract reinforces CG Power’s leadership in the high-voltage equipment sector while supporting the modernisation of India’s power grid.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..