March 10, 2014
Avantha Group Company CG, has received an order to provide two 40 MVA power transformers and one 110 kV Gas Insulated Switchgear (GIS) of 7 bays, to Ukrainian electricity utility Odessa Oblenergo for its Marazlievskaya substation. The company supplies electricity to the city of Odessa in Ukraine and other surrounding areas. The order is valued at '2 million and installation and commissioning of the equipment is expected to be completed by end-2014. CG will undertake the supervision of erection and commissioning of the transformers and switchgear.
CG is one amongst a handful of global companies to design and manufacture an array of power and distribution transformers and reactors. CG is also one of the manufacturers in the power domain with the widest range of Medium to Ultra High Voltage (UHV) switchgear products to meet the requirements of power generation and distribution substations in utilities and industries.
CG was selected as the ideal partner for this project on account of its technical acumen to fully understand and comply with Odessa Oblenergo's specific requirements for the substation, well ahead in the process. The equipment supplied will optimise efficiency, reliability and safety at the substation. This win will help CG gain a foothold in the rapidly growing Eastern European market.
Speaking on the order win, Avantha Group Company CG's CEO and Managing Director, Laurent Demortier, said: 'The latest order is yet another move by CG to expand its footprint in the growing market of Eastern Europe. We look forward to strengthening our relationship with Odessa Oblenergo and establishing ourselves as a partner of choice to supply high-quality, durable power equipment.'
Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into three business groups: Power, Industrial and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
For more information on CG, please visit: www.cgglobal.com.
The Rs. 25,000 crores (US$4bn) Avantha Group is one of India's leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers).
With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com.
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