CG to Pioneer Manufacture of Smart Grid Devices
• Full-fledged manufacturing
facility for Smart Grid devices
• Cost effective, Smart Grid
solutions for Indian Utilities & Industries in the T&D segment
• Local pre and post sales service
for Smart Grid devices
Avantha Group Company CG launched its
state-of-the-art Smart Grid facility at the Global Village, in Bangalore today,
for full-fledged manufacturing of Smart Grid devices.Besides manufacturing Smart
Grid devices, the facility will support economic development, foster job
creation and boost an understanding of Smart Grid solutions in the energy
field.
The Smart Grid devices manufactured in this
facility will offer numerical solutions to Indian Utilities and Industries in
the Transmission and Distribution (T&D) segment and provide improvement in
the electric grid to make it more efficient and reliable. CG has invested 80
million INR in this facility which can employ more than 100 people. The Smart Grid
facility will manufacture Substation Automation products, Distribution
Automation devices, Protection and Control systems, Advanced Metering Infrastructure
(AMI) and Telecommunication Solutions. It will also offer Global Engineering
Services such as Systems Integration, Installation, and Commissioning. The
facility is fully equipped with modern equipment to ensure an annual production
capacity of 10,000 units of Power Line Carrier Communication Terminals (PLCC)
and Intelligent Electronic Devices (IED).
CG has the most comprehensive portfolio that
provides specific solutions and products for each application, including
systems that can evolve as the network evolves. CG’s solutions give timely and necessary
information needed to implement automatic functions and allow maximum use of
the grid atminimum cost. The real value-add of the Smart Grid concept over the
conventional automation system is that Smart Grids are able to convert the data
provided by installed devices into actions and decisions that are taken
in real time to operate the network.With more than 2 million CG Smart Meter
complete solutions installed worldwide, CG is a wellestablished manufacturer in
this field.CG’s Smart Grid devices are running successfully in the world's
first major Smart Grid deployment at the Iberdrola STAR Project,
Bilbao,Spain,where over 2,27,000 Smart meters monitor the electricity services
provided to the area’s 4,10,000 inhabitants. In the past year,CG has
participated in no less than ten Advanced Metering Infrastructure (AMI) Pilot
Projects in Europe, Asia, and America.
CG is already participating with many of these
Smart Grid devices and services, in India’s first Smart Grid Pilot project -
the Puducherry Smart City project which requires approximately 87,000 Smart
Meters and a Street Light Automation solution that will prove substantial
savings to the Electricity Department of the Government of Puducherry (PED).
CG’s Utility Distribution franchise that operates in Jalgaon efficiently
manages the multiple data obtained from the intelligent devices installed
at all voltage levels,enhancing the quality of service provided to the
Utility’s end users and drastically reduces technical andnon-technical
losses.
CG’s cost effective Smart Grid solutions will
help Utilities identify and eliminate power thefts and system losses caused by
aging or faulty equipment. For the Utility’s customers, CG’s Smart grid
solutions will offer more control over their power consumption and energy costs
and spread awareness of consumption patterns.
As a part of its transmission network expansion
plan, Power Grid Corporation of India (PGCIL) has proposed an investment
outlay of 170000 million INR** for implementation of various projects during the
current financial year.CG aims to participate in PGCIL’s Smart grid related
energy improvement projects.Commenting on the inauguration,Avantha Group
Company CG’s CEO & Managing Director Laurent Demortier said,“The opening
of CG’s Smart Grid manufacturing facility in Bangalore is a result of intense
planning with the Indian stakeholders: customers, regulators and employees. I
thank all of them for what they have achieved so far. Expansion in Smart Grid
markets is a key strategy of CG. After America and Europe the Bangalore
facility will spearhead Smart Grid operations in Asia.”
About CG
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 revenue from
product lines that cover the entire value chain of engineering offerings.
For more information on CG, please visit: www.cgglobal.com
About Avantha
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
distributionequipment and services), BILT (paper and pulp), The Global Green
Company Limited (food processing),Biltech Building Elements Limited
(infrastructure), Avantha Power (energy), Salient Business SolutionsLimited (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
For further information, please contact:
Ms. Paula Sengupta
Global Head – Communications
CG (Crompton Greaves Limited)
CG House, 10th floor
Worli, Mumbai 400 030, India
T: +91 22 24237516 / 67558771
Mrs. Shravani Dang
Vice President
Group Head - Corporate Communications
Avantha Group, 1st floor, Thapar House,
124, Janpath Lane, New Delhi 110 001
T (D) : +91 11 41699282
T (B) : +91 11 23368332
