CG inaugurates its first Global Design Centre (G.D.C.) for motors

•   To fulfill ever‐evolving market needs for industrial products
•   Reduce time to market for technologically advanced products
•   Solutions : commercial motors and highly engineered medium voltage motors and generators

Avantha Group Company CG opened its very first Global Design Centre, or G.D.C., in Bhopal, India thereby boosting its support to customers globally for ever‐evolving market needs in oil and gas, cement, mining and metals, water treatment, electrical transportation, power, to name a few .The Global Design Centre’s key markets would include countries spread across South East Asia, the Middle East, Africa and Europe.

CG’s Global Design Centre is unique insofar as being the nerve centre of the design and development of advanced technological solutions for CG’s projects globally. It will synergise teams across regions, cross‐ pollinate ideas, co‐create, and deploy best practices leading to the optimisation of CG’s global network of engineering resources and manufacturing facilities to consequence highly integrated innovative products and technologies.

The product portfolio would cover commercial motors and highly engineered medium voltage motors and generators that will be developed as per customer demand in a single location. Other offerings include LV/MV Motors up to 25 MW, Synchronous Machines up to 70 MVA and the LV/MV development of AC drives.

CG’s global technology pool will thrive through effective international collaboration, and with the support of 90 local service centres in more than 15 countries. G.D.C. currently has over 150 designers working globally. The centre is designated to offer a centralised system of customising CG’s products that would reflect global standards across geographies.

CG’s Global Research Centre in Mumbai is the hub of technology development for all of CG’s businesses. By integrating the G.D.C.in Bhopal, it further reinforces CG’s global network of centres located in Canada, Belgium, Spain, Newark Hungary, Germany, Sweden and India.The G.D. C will support, address and sustain the current and emerging business objectives of CG’s Industrial portfolio.

Commenting on the inauguration of the new facility,Avantha Group Company CG’s CEO and
Managing Director Laurent Demortier said “The Global Design Centre reiterates CG’s commitment

towards developing energy‐efficient and technologically advanced products of a high quality that require a minimum long‐term investment and that reduce lead time in the market. The G.D.C. enables synergies of expertise by closely integrating CG’s centres of excellence around the globe, for the purpose of fuelling innovation and accelerating development”.

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 four business groups: Power, Industrial, Automation, 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.

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 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 container).

With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by GautamThapar, 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
paula.sengupta@cgglobal.com

Mrs. Shravani Dang
Vice President
Group Head – Corporate Communications
Avantha Group, 1st floor, Thapar House,
24, Janpath Lane, New Delhi 110 001
Tel (D): +91 11 41699282 Tel (B): +91 11 23368332
s.dang@avanthagroup.com

CG expands its RMU capacity to cater to the Indian Subcontinent

• To address larger goal of cutting power distribution losses
• Expansion of domestic footprint, investment of INR 100 mn
• Production capacity more than doubled to produce 1,000 RMUs per month

Avantha Group Company CG’s joint venture – CG Lucy, today inaugurated its new Ring Main Unit (RMU) production facility at Nashik, India. Incorporated in 1994, CG Lucy Switchgear Ltd. is a joint venture company between CG and W. Lucy & Co. Ltd., Oxford, U.K. The facility offers RMUs for enhancing the efficiency of power distribution networks, preventing transformer burnouts and is equipped with a partial discharge testing facility up to 33kV.

The new facility is the fruition of CG’s expansion strategy in the domestic market. CG Lucy has more than doubled its capacity to produce 1000 RMUs per month for the growing demand of reliable and secure power supply in the rapidly expanding Indian subcontinent. Built with an investment of INR 100 million, this plant is spread across an area of 3500 square meters and aims to employ approximately 200 people.

This plant is specially equipped with an Automated Sealant preparation process, a Robotic Welding setup and a Partial Discharge test facility for producing High Quality and Reliable products. It will produce RMUs for the expansion of power distribution networks for utilities, especially in megacities, industries, infrastructure projects and buildings with a huge power demand. Compact, lightweight and easy to install, these RMUs isolate the faulty section, ensuring continuous power supply to end users. They can be universally applied across 12kV/
24kV distribution controls in network distribution, for e.g. the municipality,compact substations, buildings, complexes, hospitals and industries.

In 2013, CG won the largest contract for the Design, Engineering, Manufacture, Supply, Erection, Testing and Commissioning of 11kV and 22kV  RMUs and associated materials in consortium with the ECC Division of L&T Ltd. This order primarily includes the supply of 3,283
RMUs to the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO), for their
Restructured Accelerated Power Development and to the Reforms Programme (R‐APDRP) in seven cities of Tamil Nadu.

Power distribution losses in India are approximately INR 600‐650 bn. CG holds a market share of 18 percent in the distribution switchgear market.

Commenting on the inauguration of the new facility, Lucy Switchgear Chairman, Richard Dick, said: I am very pleased to be here in Nashik to  mark the inauguration of this new RMU manufacturing facility. This will provide a significant increase in capacity to enable CG Lucy to meet a growing demand in India for RMUs and allied equipment. The latest techniques will be employed to ensure that CG Lucy's reputation as a first class supplier is maintained and additional engineering resources will be available so that new customer specific requirements can be met. I congratulate the CG Lucy team on completing this fine new building.

Commenting on the inauguration of the new facility, Avantha Group Company CG’s CEO and Managing Director Laurent Demortier averred: “I commend the CG Lucy team for this new feat. It is our proud privilege to have partnered with Lucy switchgear ‐ a 100+ year old leader in secondary power distribution solutions. This is our second RMU facility which is an example of cutting edge medium voltage design and innovation. The new facility reinforces CG’s strategic business intent to further expand its domestic footprint to offer best‐in‐class electrical products and solutions to the megacities of the Indian subcontinent where distribution losses are a major concern.”

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 four business groups: Power, Industrial, Automation, 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.

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 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 container).

With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by GautamThapar, 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
paula.sengupta@cgglobal.com

Mrs. Shravani Dang
Vice President
Group Head – Corporate Communications
Avantha Group, 1st floor, Thapar House,
24, Janpath Lane, New Delhi 110 001
Tel (D): +91 11 41699282 Tel (B): +91 11 23368332
s.dang@avanthagroup.com

Dr. Jan Declercq
Chief Technology Officer
CG
Antwerpsesteenweg 167
2800 Mechelen, Belgium
T: +32 15 283 240
jan.declercq@cgglobal.com

CG, as part of the FICG consortium, receives order in excess of €150 mio, for the offshore wind project “Gemini” in the Netherlands

•   Design, deliver and install 2 HV offshore substations and 1 HV onshore substation
•   Supply and secure low carbon electricity to over 785,000 households
•   Reduce emissions of 1,250,000 tons of CO2

Avantha Group Company CG, along with the other consortium partners Fabricom and Iemants, has been selected by Van Oord, for the offshore wind project “Gemini” in the Netherlands. As part of the scope CG, will design, deliver and install 2 high voltage (HV) offshore substations and 1 HV onshore substation. The volume of the order for the consortium is in excess of €150Mn. CG’s scope covers approx.30% of the overall contract.The project is expected to start in the second quarter of 2014 and to be completed in 2016.

The Gemini project consists of 2 offshore wind farms i.e. Buitengaats (300MW) and ZeeEnergie (300MW) and is located 85 kms north of the island of Schiermonnikoog in the Dutch North Sea. The total 600MW of installed capacity will produce electricity for over 785,000 households which equals a reduction in emissions of 1,250,000 tons of CO2.

To achieve the desired development potential of this project, CG will design and engineer the overall electrical HV system, manufacture and  supply all key equipment and connect the onshore substation to the 400 kV Tennet high voltage grid.

Furthermore, the Gemini project builds on CG’s successful track record. It is the 10th offshore grid connection project secured since 2008. CG’s connecting technology and products have been chosen for its high reliability, high performance and cost effectiveness.Over the past years CG has developed an innovative AC connection link for offshore wind farms. CG’s proven technology already used in other platforms on the North Sea (a.o.Belwind, Humber Gateway, Northwind) has minimal weight, hence lowers costs and is designed for optimal and minimal maintenance compared with traditional high voltage AC or DC solutions.

Avantha Group Company CG’s CEO and Managing Director Laurent Demortier said: “We are delighted that Van Oord has awarded CG a ‘further order’.The transaction is consistent with our renewable energy strategy. It provides yet another opportunity to utilize CG’s unique technology & expertise in wind offshore connection (HVAC) and to assist the Government and our clients in reducing carbon emissions and increasing the supply of green energy”.

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 four business groups: Power, Industrial, Automation, 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.

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 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
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
paula.sengupta@cgglobal.com

Mrs. Shravani Dang
Vice President
Group Head – Corporate Communications
Avantha Group, 1st floor, Thapar House,
24, Janpath Lane, New Delhi 110 001
Tel (D): +91 11 41699282 Tel (B): +91 11 23368332
s.dang@avanthagroup.com

Dr. Jan Declercq
Chief Technology Officer
CG
Antwerpsesteenweg 167
2800 Mechelen, Belgium
T: +32 15 283 240
jan.declercq@cgglobal.com

Avantha Power’s Korba West Power Project Commissions First Unit of 600 MW in Chattisgarh

Avantha Power & Infrastructure Limited

Avantha Group Company-Avantha Power & Infrastructure Limited (APIL) today commissioned its first unit of 600 MW at the Korba West Power Company Limited (KWPCL) project in Raigarh, Chhattisgarh.
KWPCL, which is a wholly owned subsidiary of APIL, has already signed the fuel supply agreement (FSA) with South Eastern Coal Limited (SECL) for uninterrupted coal supply to its plant. Spread over 860 acres, the Korba plant has adopted state of the art technology and best execution practices to ensure efficient project implementation. Public sector major BHEL has supplied the BTG (bolier, turbines and generator) equipment.

“Avantha Group Company Avantha Power & Infrastructure Limited has achieved an important milestone by commissioning its first unit of 600 MW at the Korba plant in Raigarh.This is a significant stepping stone for the company in its quest to become an important private power producer in the country. I congratulate the entire team of APIL and all at the Korba plant who have worked tirelessly to achieve this goal,” said Mr. Sudhir Trehan, Chairman APIL.

The plant also accords high priority to safety and quality control measures and has adopted industry best practices regarding the same.It is committed to balancing operational efficiencies and compliance of environmental, health and other statutory requirements.
“We are happy to declare commercial operation for the first unit at Korba West Power Company project.We thank the Chattisgarh Government and all our stakeholders for their continued support,” commented K N Neelkant, COO APIL.

KWPCL is a socially conscious and active enterprise and is equally committed to creating a positive environmental footprint. To this end,it has successfully engaged with local communities and has implemented several schemes to address their developmental needs. These initiatives span across livelihood, infrastructure, community health and education and have so far benefited over 60,000 people across 75 villages.
APIL has a second thermal power plant of 1260MW under various stages of construction at Seoni, near Jabalpur, Madhya Pradesh. This is being operated through another wholly owned subsidiary Jhabua Power Limited (JPL). APIL will have a total installed capacity of 3806MW once all the projects achieve commercial operations.

About Avantha Power& Infrastructure Limited

Avantha Power & Infrastructure Limited (APIL), part of the Rs. 25,000 crores ($4 billion)Avantha Group is an established power generation company. Avantha Power has embarked upon an ambitious plan of contributing towards meeting India’s growing power demand with 2,460 MW of generating capacity under various stages of implementation and 1,320 MW of generating capacity under planning. Its entities include 2 thermal power projects in Raigarh (Chhattisgarh) and Seoni (Madhya Pradesh) through its wholly owned subsidiaries Korba West Power Company Limited (KWPCL) and Jhabua Power Limited (JPL) and a thermal power project in Gujarat under planning.

Avantha Power is also committed towards environment management and community relations for a sustainable business development and responsible growth. The company has undertaken several welfare initiatives in the field of Livelihood, Infrastructure Development, Community Health and Education for the benefit of the communities it operates in both in Raigarh and Seoni. The welfare programmes are particularly focused on empowering less privileged communities and encouraging self-reliance and empowerment. Visit us at  http://www.avanthapower.com

About Avantha Group

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.

Shravani Dang
Vice President & Group Head of Corporate Communications
Avantha Group
Thapar House, 124 Janpath
New Delhi 110001
Phone: 011 41699282
Email: s.dang@avanthagroup.com

Nitin Srivastava
Manager – Corporate Communications Avantha Power & Infrastructure Limited Vatika City Point,
MG Road, Gurgaon
Phone: 0124 4886948 (Mob.) +91 9811570620
Email: nitin.srivastava1@avanthapower.com

CG installs ZIV Substation Automation System at Latin America’s largest photovoltaic power plant

CG installs ZIV Substation Automation System at Latin America’s largest photovoltaic power plant

•   Complete 61850 Substation Automation System (SAS) and associated engineering
•   Intelligent Electrical Devices (IED), system integration, commissioning, and training

Avantha Group Company CG’s Automation Business Unit (BU), through the Spanish contractor Isastur, has installed, in the Llanos de LLampo substation, in Chile, a complete 61850
SAS based on ZIV protection IEDs and a SAS gateway, providing also the associated engineering, system integration, commissioning, and training services. The size of the order is 500.000 Euros.
SunEdison’s 100‐Megawatt Llano de Llampos substation is located in the Atacama Desert in Chile. It distributes the energy generated by the largest Solar Photovoltaic Plant in Latin America (100 MW). The Substation’s PV modules transform sunlight radiation into  direct current (DC) electric power after converting it to alternating current (AC) by means of an inverter. This power is then distributed through the Sistema Interconectado Central High Voltage (HV) power lines.
After acquiring ZIV, CG is a key provider and an important player in the global smart grid market where it offers ZIV meters, protections, communication and automation solutions. CG offers innovative Substation Automation Systems (SAS) and Distribution Automation Solutions (DAS) commercialized under the ZIV® brand. ZIV has successfully been working in Latin America for the last 16 years supplying its IEDs and Systems to the main Utilities in the Region.

Speaking about this SAS project, Mr. Alejandro Vega, Isastur project Manager at Llano de Campos, said “ZIV played a key role in the successful commissioning of the 61850 Substation Automation System, meeting both delivery time and budget. They have continually displayed their technical ability to ensure minimum deviations throughout the commissioning period. We are very satisfied with the supplied ZIV
61850 SAS and with the service provided all the way from tender to commissioning.”
Speaking about this project, Avantha Group Company CG’s CEO & Managing Director, Laurent Demortier said: “As a global pioneering leader in the management and application of electrical energy, this installation reaffirms our strengths in several areas ‐ our expertise in automation technology, our expertise in transmission and distribution of power from renewable energy sources such as photovoltaic power plants, and our expertise and presence in Latin America. It is another milestone in our global
 
expansion and a vital component of our plans to gain expertise in technologies that cover the entire power spectrum – from generation, to automated transmission and distribution, to final consumption.”

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 four business groups: Power, Industrial, Automation, 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.

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 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.
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
paula.sengupta@cgglobal.com

Mrs Shravani Dang
Vice President & Group Head of Corporate Communications
Avantha Group
Thapar House, 124 Janpath
New Delhi 110001
Phone: 011 41699282
Email: s.dang@avanthagroup.com 
          
Itziar Lasaosa
CG Automation Communications Manager
PT Zamudio, 210. Zamudio. Bizkaia. Spain.
T+34 625709727
i.lasaosa@ziv.es

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Avantha Group Company CG’s Automation Business Unit

CG to supply ZIVSubstation Automation Systems to monitorand improve PGCIL’stransmission capacityin Jharkhand,India

•   Supply of six 220/132/33 kV Substation Automation Systems
•   Manufacture and supply ZIV protection relays and systems
•   CG’s first SAS order from PGCIL

Avantha Group Company CG’s Automation Business Unit has bagged a deal from Power Grid Corporation of India Ltd (PGCIL) to supply six Substation Automation Systems (SAS) in Jharkhand, India. The SAS, which will be jointly managed with CG’s Engineering Projects Division, India, is intended to help monitor and improve PGCIL’s transmission capacity across the state.

The deal involves supplying six 220/132/33 kV ZIV 61850 SAS to Govindpur, Manoharpur, Jaduguda, Dalbhumgarh, Jamtara, and Rourkela in Jharkhand, India. The order includes the manufacture and supply of ZIV protection and control relays, automation systems and engineering services. CG intelligent substation automation solutions are a key element to develop a safer and more efficient network.
The company’s cost‐effective substation automation solutions based on open standards simplify future expansion and maintainability and minimise lifetime costs. CG will utilise resources at its automation unit in Bangalore to provide local support during commissioning services. CG’s new site in Bangalore houses India’s first‐ever, state‐of‐the‐art facility for manufacturing Intelligent Electronic Devices and systems, both for Substation Automation and Smart Grid applications. CG will bring automation technologies and solutions that have been proven in similar climatic conditions in countries like Argentina, Mexico and Brazil.
After acquiring ZIV, CG is a key provider and an important player in the global smart grid market where it offers ZIV metering, protection, communication and automation solutions. CG offers innovative Substation Automation Systems (SAS) and Distribution Automation Solutions (DAS) commercialized under the ZIV® brand.

CG’s other business dealing with PGCIL is its maiden order for the manufacture of 765kV transformers. PGCIL, one of the largest power transmission utilities in the world, is developing a robust Integrated National Grid and participating in the Indian Government’s flagship programme, ‘Power for all’. Through the execution of this order, CG will qualify as a complete solutions provider which can build an intelligent integrated SAS, engineered around high‐end technology products. CG aims to widen its Substation Automation and Smart Grid offer spectrum and play a major role in strengthening the country’s power networks.
 
Speaking on the PGCIL order, Avantha Group Company CG’s CEO and Managing Director, Laurent Demortier, said: “We thank PGCIL for this order. We are proud to bring state‐of‐the‐art automation technology to PGCIL to contribute to a safer, efficient and stable grid. The substation automation systems delivered to PGCIL are part of the Smart Grid offering that CG has acquired following the acquisition of ZIV in 2012.”
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 four business groups: Power, Industrial, Automation, and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
CG’s Automation headquarters located in Bilbao, Spain, hosts the center of excellence for the development of CG’s smart grid solutions commercialized under the ZIV® brand.
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 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.
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
paula.sengupta@cgglobal.com

Mrs Shravani Dang
Vice President & Group Head of Corporate Communications
Avantha Group
Thapar House, 124 Janpath
New Delhi 110001
Phone: 011 41699282
Email: s.dang@avanthagroup.com

Itziar Lasaosa
CG Automation Communications Manager
PT Zamudio, 210. Zamudio.
Bizkaia. Spain. T+34 625709727
itziar.lasaosa@cgglobal.com

CG wins USD 29 million order to upgrade the Indonesian Electricity grid

CG wins USD 29 million order to upgrade the  Indonesian Electricity grid

∙  Transformers to be manufactured in CG’s state‐of‐the‐art factory at Bogor, Indonesia
∙  New order will reduce PT PLN’s import dependence
∙  Order consolidates CG’s position in South‐East Asian market

Avantha Group Company CG’s Power Transformer plant at Indonesia has won an order worth USD 29 million from PT PLN Indonesia to supply Extra High Voltage transformers for its Indonesian electricity transmission network.The order involves supply of 500kV,275kV and 150kV power transformers, which will be installed across PT PLN’s transmission network in Java and Sumatra islands.

PT PLN (Perusahaan Listrik Negara) is the sole Indonesian government‐owned corporation in electricity generation,transmission and distribution in Indonesia.Through   deployment of CG’s power transformers, PT PLN will be able to lessen its dependence on import of heavy equipment, while simultaneously executing timely implementation of its transmission network strengthening programme.

CG’s power transformers maximise space utility with their compact design and achieve optimum energy efficiency through low levels of losses. The reduced degree of noise and partial discharge also make the transformers a preferred choice for strengthening transmission networks.
The manufacturing of the new orders from PT PLN will be undertaken at CG’s world‐class transformer factory located in Bogor,Indonesia.The facility is equipped to  design, manufacture and test transformers up to 550kV class locally in Indonesia.

The new order shows increased trust by PT PLN in CG’s manufacturing expertise in this segment and will further bolster its position as a key provider of high‐voltage transformers in the South East Asian market.The order comes on the back of CG’s successful completion of a similar first order in September
2013.

Speaking about the latest order, Avantha Group Company CG’s CEO & Managing Director, Laurent Demortier, said: “I would like to thank PT PLN Indonesia for placing its continued trust in CG’s energy products and technological expertise in the Ultra High Voltage (UHV) and Extra High Voltage (EHV) segments. Indonesia is a key strategic geography for CG, and the order sanctions the large investment done to bring state‐of‐the‐art EHV solutions to the country. CG will be able to exclusively cater to the localised needs of PT PLN through its exhaustive range of power transformers in Indonesia. In line with CG’s export strategy the Indonesian plant will cater to markets such as Australia, New Zealand, Malaysia and South America.”

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 four business groups: Power, Industrial, Automation, and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
CG’s Automation headquarters located in Bilbao, Spain, hosts the center of excellence for the development of CG’s smart grid solutions commercialized under the ZIV® brand.
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 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.
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
paula.sengupta@cgglobal.com

Mrs Shravani Dang
Vice President & Group Head of Corporate Communications
Avantha Group
Thapar House, 124 Janpath
New Delhi 110001
Phone: 011 41699282
Email: s.dang@avanthagroup.com

Mr. Hemant Lakhotiya President SEA & Pacific Region PT CG Power Systems Indonesia
Alamanda Building, 18th floor,
JL TB Simatupang Kav 23‐24,
Jakarta 12430
Tel : +62 21 29660052
hemant.lakhotiya@cgglobal.com

Inflation targeting may keep rates elevated in CY 15

Statement by Mr.Yogesh Agarwal, MD and CEO of Avantha Group Company BILT

Inflation targeting may keep rates elevated in CY 15

•  Inflation targeting may prolong high interest rate cycle for CY 15 •  Growth and investment to be casualties of inflation targeting •  Elections, monsoon factors likely to act as policy trigger points •  See rates remaining elevated throughout most of CY 15

“We welcome the RBI’s move to keep the repo rate and the CRR on hold though a slash in the repo rate by atleast 25 bps would have brought in some positive momentum to the economy and added to the current market cheer.
While the RBI seems to be veering towards targeting consumer price inflation as its dominant guidepost, I believe this may result in a prolonged period of high rates this calendar without any real dampening of inflationary pressures. That’s because core consumer price inflation does not respond well to monetary measures. In such a situation, growth and investments could be casualties in an already fragile environment.
Going forward, much depends on non economic factors such as the elections which will be the main trigger come May. Risk of an El‐Nino exerting upward pressure on food prices can’t also be ruled out. Inflation, both CPI and WPI have come off their highs but if it stays the course even at these levels, then rates will not come down before the latter half of the current calendar year, if at all”.

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 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.
For further information, please contact:

Mrs Shravani Dang
Vice President & Group Head of Corporate Communications
Avantha Group
Thapar House, 124 Janpath
New Delhi 110001
Phone: 011 41699282
Email: s.dang@avanthagroup.com