India Development News & Foreign Investment Opportunities

CG wins Korean order

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Avantha Group Company CG has bagged an order for 365kV and 154kV Capacitive Voltage Transformers (CVT) from Korea Electric Power Corporation (KEPCO).
The transformers which are scheduled to be delivered by the end of this year are the latest in the trend of using Polymeric Insulated Products in the international market and the largest direct order from the Korean utility for polymeric products.
Polymeric products have excellent qualities like flame resistance, light weight, easy handling, and proven ageing resistance against degradation and deterioration. It provides high safety in seismic active areas as shock absorbers are not necessary in this case.
Commenting on this major win, Avantha Group Company CG’s CEO and Managing Director, Mr. Laurent Demortier said, “We thank KEPCO for this opportunity to collaborate with them once again in building their national transmission system. The high efficiency and reliability of our products make us the preferred partner of national utilities in the development of their country’s electricity network. This order reaffirms CG’s focus in making India an export hub leveraging its value proposition of world-class domestic manufacturing facilities, indigenous technology, customised solutions and high quality equipment.”
CG has been present in 18 South East Asian countries for the past two decades and has previously partnered with KEPCO for the supply of Instrument Transformers (IT). CG is present in the Switchgear international market for almost 20 years with its largest facility in Nashik, India, manufacturing a wide range of products from 3.3kV to 1200kV in one single location.
fii-news.com

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