Avantha Group Company CG has signed a contract with the
State Utility of Paraguay — Administracion Nacional de Electricidad
(ANDE) for the supply of 19 single and three phase transformers
amounting to a total of 683.3 MVA, for expansion of the country’s 220 kV
electricity networks.
Paraguay is one of the world’s
largest exporters of electricity. It exports to neighbouring Brazil and
Argentina. CG has been present in South America for the past two decades
and is part of the Rs. 25,000 crore Avantha Group in India.
CG,
which has a consolidated global manufacturing capacity of 95,000 MVA;
46,000 MVA in Asia, 31,000 MVA in Europe, and 18,000 MVA in North
America, would manufacture these transformers in India, and supply them
in three lots.
The contract was won under a competitive international public bidding process, the company said in a statement.
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