CG Power and Industrial Solutions Partnership

Business Update

CG Power and Industrial Solutions Business Update

CG Power's subsidiary GG Tronics received RDSO approval for KAVACH 4.0, clearing execution of its ~₹433 crore order. The approval covers automatic and absolute block sections.

Capacity Expansion

CG Power and Industrial Solutions Capacity Expansion: ₹9.45 Cr Investment

CG Power board approved an additional Rs.9.45 Crore capex for its Vilholi GIS brownfield project. The enhancement adds 240 equivalent bays, funded by internal accruals.

Value

₹9.45 Cr

Execution

3-6 months

GIS testing and manufacturing capacity

240.0 Eq Bays

Capacity Expansion

CG Power and Industrial Solutions Capacity Expansion: ₹15.31 Cr Investment

CG Power board approved Rs.15.31 Crore to add 3,600 EHV circuit breaker units annually. Completion is expected within 6-9 months, funded by internal accruals.

Value

₹15.31 Cr

Execution

6-9 months

EHV circuit breaker manufacturing capacity

3600.0 units/year

Capacity Expansion

CG Power and Industrial Solutions Capacity Expansion: ₹300 Cr Investment

CG Power plans a Rs.300 Crore investment adding 4,236 units of annual capacity at Ambad. Production is expected within 30-36 months.

Value

₹300.0 Cr

Execution

30-36 months

OIP bushings and instrument transformer manufacturing capacity

4236.0 equivalent units/year

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CG Power and Industrial Solutions Capacity Expansion: ₹68 Cr Investment

CG Power board approved a 10,000 MVA power transformer capacity expansion costing Rs.68 Crore. Completion is planned within 12-15 months, funded by internal accruals.

Value

₹68.00 Cr

Execution

12-15 months

power transformer manufacturing capacity

10000.0 MVA

Management Change

CG Power and Industrial Solutions Management Change

CG Power changed the designations of Rajat Shah (Vice President, Services and Solutions) and Rushikesh Kulkarni (Chief Growth & Innovation Officer, Industrial Business), both senior management personnel. No financial value is involved.

PartnershipOnMobile Global Ltd ONMOBILEAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

OnMobile Global Partnership

OnMobile Global signed a three-year distribution deal with Savex Technologies for its ONMO+ Smart Console. No fixed deal value is disclosed, as consideration depends on purchase orders.

Execution

Three years from the Effective Date

PartnershipLloyds Metals & Energy Ltd LLOYDSMEAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

Lloyds Metals & Energy Partnership

Lloyds Metals and Energy executed a ₹29.66 Crore agreement with Amplus Green One Power for renewable power. The deal includes share subscription, shareholders and power purchase agreements.

Value

₹29.66 Cr

PartnershipSBI Cards and Payment Services Ltd SBICARDAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

SBI Cards and Payment Services Partnership

SBI Card, Air India and Visa announced a partnership to develop a co-branded Visa credit card. The program will offer travel benefits to Maharaja Club members.

PartnershipCoforge Ltd COFORGEAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

Coforge Partnership

Coforge announces a community partnership with Chippenham RFC in UK to support rugby, cricket, and local community development. No financial commitment is disclosed in the announcement.

PartnershipUrban Enviro Waste Management Ltd URBANAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

Urban Enviro Waste Management Partnership

Urban Enviro Waste Management's board approved an AOP/JV with Madhav Enterprise for a Jalandhar tender and revised the CFO's remuneration. The half-year financial results approval was deferred.

PartnershipSteamhouse India Ltd STEAMHOUSEAlfa AlertAn Alfa Alert is ALFA Finder's top-priority alert: filings that can move a stock, such as orders, fund raises and approvals, sent to subscribers on Telegram within seconds of reaching the exchange.

Steamhouse India Partnership

Steamhouse India signed an MoU with Haryana Enterprises Promotion Centre to explore industrial infrastructure opportunities with a proposed ₹500 crore investment. The MoU is exploratory and does not constitute a project award.