CG Power Secures Rs 4.50 Bn Order for Vande Bharat Railway Products
RAILWAYS & METRO RAIL

CG Power Secures Rs 4.50 Bn Order for Vande Bharat Railway Products

CG Power and Industrial Solutions, a Mumbai-based engineering conglomerate, has received a substantial order from Kinet Railway Solutions for the supply and servicing of railway products. The contract includes propulsion kits with motors, transformers, and other essential components for the production of 10 Vande Bharat trainsets.

The initial purchase order for these railway products is valued between Rs 4 billion to Rs 4.50 billion. Additionally, the company has entered into a 35-year service agreement as part of the long-term supply contract, reinforcing its commitment to providing continued support for railway operations.

With a history spanning over 86 years in the railway sector, CG Power has established itself as a key player in railway propulsion systems, traction machines, signalling products, and other critical components. The company has also expanded into the Train Collision Avoidance System (TCAS) or KAVACH domain, enhancing safety solutions for railway networks.

Since becoming a part of the Murugappa Group in November 2020, CG Power has diversified its operations across various sectors, including agriculture, engineering, and financial services. The company operates 18 manufacturing plants in India and Sweden, producing a wide range of industrial and power sector equipment.

Employing around 3,113 personnel, CG Power reported consolidated revenues of Rs 80.46 billion in FY24. Its on-going projects and strategic investments highlight its role in advancing India’s railway infrastructure and strengthening its position in the global engineering sector.

News source: CNBCTV18

CG Power and Industrial Solutions, a Mumbai-based engineering conglomerate, has received a substantial order from Kinet Railway Solutions for the supply and servicing of railway products. The contract includes propulsion kits with motors, transformers, and other essential components for the production of 10 Vande Bharat trainsets. The initial purchase order for these railway products is valued between Rs 4 billion to Rs 4.50 billion. Additionally, the company has entered into a 35-year service agreement as part of the long-term supply contract, reinforcing its commitment to providing continued support for railway operations. With a history spanning over 86 years in the railway sector, CG Power has established itself as a key player in railway propulsion systems, traction machines, signalling products, and other critical components. The company has also expanded into the Train Collision Avoidance System (TCAS) or KAVACH domain, enhancing safety solutions for railway networks. Since becoming a part of the Murugappa Group in November 2020, CG Power has diversified its operations across various sectors, including agriculture, engineering, and financial services. The company operates 18 manufacturing plants in India and Sweden, producing a wide range of industrial and power sector equipment. Employing around 3,113 personnel, CG Power reported consolidated revenues of Rs 80.46 billion in FY24. Its on-going projects and strategic investments highlight its role in advancing India’s railway infrastructure and strengthening its position in the global engineering sector. News source: CNBCTV18

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?