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 wins Frost & Sullivan Strategy, Innovation and Leadership Award

•   Award won in the HV Power Transmission Market category
•   For Navigational Positioning, Execution Excellence, Technological Sophistication and Total Customer    Experience
•   Preferred local partner for 550kV EHV Power Transformer in Indonesia.

Avantha Group Company CG has won recognition for its innovative technology and market leadership in Southeast Asia and the Pacific. CG bagged the prestigious 2014 Frost & Sullivan Southeast Asia Competitive Strategy Innovation & Leadership Award in the HV Power Transmission Market category. The Award is a major achievement for CG and underscores its relentless efforts and outstanding performance in this region.

The Competitive Strategy Innovation & Leadership Award recognises companies which have exhibited competitive strategy leadership, display excellence in product innovation, and effectively respond to customer requirements in the market.

CG cleared a rigorous screening and assessment process, based on Frost & Sullivan’s research on its publication, the ‘Southeast Asia HV Transmission Market Report’. The finalists for the award were then shortlisted after interviews with key market participants along with extensive secondary and technology research. CG emerged as the eventual winner after comparative scores on four criteria were analysed: Navigational Positioning, Execution Excellence, Technological Sophistication and Total Customer Experience.

The Southeast Asia and Pacific Region is a key market for CG’s export strategy. CG is the first company in Southeast Asia to design, manufacture and test 500 kV transformers locally. Its power transformer plant at Bogor, Indonesia, recently won an order worth USD 29 million from PT PLN Indonesia to supply Extra High Voltage transformers for the Indonesian electricity transmission network. The Bogor facility is equipped to design, manufacture and test transformers of up to 500 MVA, 550 kV class, and also caters to markets such as Australia, New Zealand, Malaysia and South America. CG has also invested more than USD 15 million to build a 550 kV Extra High Voltage Test Lab in Indonesia. As part of its growth strategy in Indonesia and Southeast Asia, CG has also entered into a joint venture with PT PLN Indonesia to manufacture high‐voltage Switchgear products of up to 500 kV class locally in Indonesia. This makes CG a preferred local partner for power plant transformers in this region.

The new recognition follows in quick succession to CG winning the National Intellectual Property (IP) Award, 2014, in the category of‘Top Organisation in Designs’ presented by the Indian Intellectual Property Office and Confederation of Indian Industry.

Commenting on  the  Award, Avantha Group Company CG’s  CEO  and  Managing Director, Laurent Demortier, said: “I am proud to know that CG has won the prestigious Frost & Sullivan Award this year. The recognition will further bolster our untiring efforts in providing globally benchmarked solutions to the key markets in Southeast Asia and the Pacific. I thank Frost & Sullivan for selecting us for this honour, and congratulate the entire CG team for their untiring efforts towards achieving excellence.”

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: http://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

Mr. Hemant Lakhotiya,
President SEA & Pacific Region
PTCG Power Systems Indonesia
Alamanda Building, 18th floor
JITB Simatupang Kav 23-24, Jakarta 12430
Tel: +62 21 29660052 | Hemant.lakhotiya@cgglobal.com

CG’s high‐end transformers to muscle CAMEG Algeria’s mega project

•   Indigenously built high‐voltage equipment worth 4 million Euros

•   New office in Algeria in line with global expansion strategy

•   Improving the reliability of the Algerian energy infrastructure

Avantha Group Company CG has bagged an order from CAMEG (Comptoir Algérien du Matériel Electrique et Gazier) for the supply and installation of 60kV Instrument Transformers at numerous substations across Algeria. CG will provide indigenously built high‐voltage equipment worth Euro 4 million, which include 800×60 kV Current Transformers, 800×60 kV Capacitive Voltage Transformers, and 250×60 kV Inductive Voltage Transformers. The project commenced in April 2014 and will be completed by October 2015. CG’s manufacturing facilities in Nashik and Aurangabad (in India) will be a part of the project that involves CG delivering equipment in Algiers, Oran, Skikda, DjenDjen and Mostaganem. CG’s HV substations will be dispatched across Algeria.

CAMEG is a subsidiary of Algeria’s state‐owned energy company Sonelgaz, in charge of electricity and natural gas distribution in the country. Sonelgaz is investing heavily to expand and upgrade Algeria’s power generation and distribution network.CG’s  high‐end transformers will play a vital role in improving the reliability of the Algerian energy infrastructure.

CG was selected for this prestigious project due to its successful track record in Algeria backed by global recognition of its technical expertise in manufacturing and supplying high‐voltage transformers at the best quality to price ratio. CG has developed in‐depth understanding of the power grid network in Algeria and has highlighted key areas that need efficient 60 and 220 kV High Voltage equipment. The demand is further heightened by ongoing upgrades to Algeria’s medium voltage network (from 10kV to 30kV), which will involve erection of many substations. CG has also established a new office in Alger, Algeria, to oversee and provide end‐to‐end support for the ongoing project.

Commenting on the order, Avantha Group Company CG’s CEO and Managing Director, Laurent Demortier, said: “We are delighted to  support Sonelgaz and CAMEG’s ongoing upgrade of their electricity network. The order is yet another step in our expansion in Algeria, and parallels our global projects in other countries. We thank CAMEG for its continued trust in CG,and look forward to strengthening our relationship as a long‐standing partner for reliable and globally benchmarked power equipment.”

New office details of CG in Algeria:

CG 14 Cité Djenane El Malik Hydra
Alger,Algeria
Tel:+21321480824
Email:algeria@cgglobal.com
Website:www.cgglobal.com

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: http://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

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

Salient Business Solutions

About Salient
Salient Business Solutions is a niche business process solution provider for global clients in diverse vertical and horizontal streams like finance and accounts, healthcare, financial services, human resource and knowledge process outsourcing. Salient has an unmatched ability to grow its clients’ businesses by innovating to improve clients’ back-office processes, while significantly reducing the costs.

Mission / Vision 

Advantage Salient
Salient’s focus on business process outsourcing services combines with its advanced technical & process expertise to deliver long term customer centric benefits.
Mission
Harness knowledge capital and use cutting edge technology to deliver solutions that constantly exceed global standards.

Vision
To become an industry leader through continuous commitment to best in class standards of performance and productivity, team work, innovation and a willingness to embrace new ideas thereby creating customer delight and stakeholder wealth.

Culture
A young and vibrant global organization that leverages its knowledge heritage while empowering its people to create an environment of passion and change.

Core Value

• Integrity of Thought and Action
• Customer Delight
• Openness and Learning
• Innovation and Creativity
• Fast and Flexible
• Bonding and Team Work

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Avantha Power & Infrastructure Limited

Avantha Power & Infrastructure Limited (APIL) synchronizes 1st 600 MW unit

•   Enters Independent Power Plant  (IPP) league

•   Total capacity generation at 626.19 MW

•   Through wholly owned subsidiary KWPCL

New Delhi,  9th  October,  2013: Avantha  Group  company  ‐Avantha  Power  & Infrastructure  Limited (APIL) announces  synchronization  of its first unit   of 600 MW in Raigarh,  Chhattisgarh  through  its wholly owned subsidiary  Korba West Power Company  Limited (KWPCL). With this synchronization, APIL’s generation capacity is at 626.19 MW.

APIL began construction  in August 2010 and successfully  executed the project in 38 months. BHEL has  supplied  the  BTG  (Boiler,  Turbine,  and  Generator)  equipments.  APIL  has  another  1,860  MW under various stages of construction and an additional 1,320 MW under planning.

Mr. Gautam Thapar‐ Founder and Chairman of the Avantha Group, stated, “With this milestone, APIL progresses towards our vision of achieving a market position based on solid execution, growth and accomplishment.  I am confident  that  APIL will continue  to deliver the best possible  results for all stakeholders, today and in the future.”

APIL’s subsidiary  KWPCL  signed the Fuel Supply Agreement  (FSA) with South Eastern  Coal Limited

(SECL) in August 2013 for feeding the plant with uninterrupted coal supply.

Avantha Group company APIL’s Executive Chairman and key member of the Avantha Management Board,   Mr.  SM  Trehan   said  “The  commissioning   of  the  600MW   power   unit  is  a  significant development  as this project places APIL in the IPP league. I congratulate    the    entire    team    for their   untiring   effort      and   assure   all   stakeholders   of   our   best   efforts.”

Apart from synchronisation  of Unit#1 of 600MW and another Unit#2 of 600MW under construction through  Korba  West  Power  Company  Limited  (KWPCL)  at Chattisgarh,  APIL has a second  thermal power  plant  of  1260MW  under  various  stages  of  construction  at  Seoni,  near  Jabalpur,  Madhya Pradesh through its project Jhabua Power Limited (JPL).

APIL has a plant at Malanpur, Madhya Pradesh with an installed capacity of 26MW.

Avantha Group Company APIL’s Chief Operating Officer Mr. K N Neelkant, ‐Avantha Power & Infrastructure said “this marks the commencement  of a new phase for APIL and our presence in the IPP segment. The synchronization  of our first 600MW unit in Chhattisgarh reflects our commitment to contribute  towards  India’s  growing  energy  demand.   We are aggressively  progressing  with our plans of adding to the installed capacity.”

Avantha  Power  & Infrastructure Limited

APIL  will  have  a  total  installed  capacity  of  3806MW  once  all  the  projects  achieve  commercial operations.

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), a plant at Malanpur  with an installed capacity of 26MW 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

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  http://www.avanthagroup.com.

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CG announces Q1 FY 14 results – strong sales and recovery of international operations

CG announces Q1 FY 14 results – strong sales and recovery of international operations

CG announces Q1 FY 14 results – strong sales and recovery of international operations

Mumbai, August 06, 2013 : Avantha Group Company CG today announced its financial results for the first quarter ended June 30, 2013.

Performance Highlights – Q1 FY 2014

• Q1 FY14 – received orders worth Rs. 2441 crores
• Backlog orders at a record high – Rs. 9771 crores
• Q1 FY14 Revenues up by 12.3% over Q1 FY13 – Rs. 3157 crores
• EBITDA  at 4.6% doubles over Q4 FY13
• PAT Rs. 60 crores for Q1 FY14 vs Rs. 25 crores in Q4 FY13  

Highlights of Q1 FY 2014

• Power business back to profitability reflecting improvement in performance in Belgium and Hungary
• Restructuring operations in Belgium completed and savings realized
• Bagged contract from Power Grid Corporation of India (PGCIL) for 765 kV Power Transformer valued at Rs 231.7 crores
• Sustained orders from Railway segment in India received orders worth Rs. 176 crores
• Successful exports of energy efficient motors from India

CEO and Managing Director, Laurent Demortier of Avantha Group Company CG said, “Q1 FY14 has been an encouraging quarter for CG, despite a challenging market environment. The strategic alignment in our POWER Transmission business in Belgium and Hungary has started to take shape and is on the path to recovery.  The overall savings program across businesses and regions is on track. The performance of all our businesses in India, have shown significant improvement.”

About Avantha Group Company CG

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 US$4bn Avantha Group is one of India`s leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions and Avantha Technologies. With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, food processing, farm forestry, insurance, chemicals, IT and ITES. 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 – Corp. Comms.  CG (Crompton Greaves Limited) CG House, 1st floor Worli, Mumbai 400 030, India	Mrs. Shravani Dang Group Head – Corporate Communications Vice President – Avantha Group 5th Floor, Tower C, First India Place,  MG Road Gurgaon-122002, Haryana, India
T: +91 22 24237516 / 67558771 paula.sengupta@cgglobal.com	T : +91 124 4099436 s.dang@avanthagroup.com

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Avantha Differentiators

Why Avantha?

Deep Domain Knowledge	More than 70 years of manufacturing experience with leadership in Power Systems, Industrial Systems, Consumer Products
Adaptive Process Knowledge	An established global R&D center with facilities for Industrial Design / Product Design, Simulation & Prototyping. Highly competent , research oriented and skilled faculty at our technical University give technical edge
High Quality Delivery	Dedicated and hands on management team, qualified employees with required professional / technical skills
Process Excellence	End-to-end solution using best in class tools & methodologies focus on quality & stringent delivery standards
Credibility	Nine decade old track record in successfully managing diverse business globally coupled with JV partners domain expertise & in-depth process knowledge

CG announces Q1 FY 14 results – strong sales and recovery of international operations

 

Avantha Group Company CG today announced its financial results for the first quarter ended June 30, 2013.

Performance Highlights‐ Q1 FY 2014

•    Q1 FY14 – received orders worth Rs. 2441 crores

•    Backlog orders at a record high – Rs. 9771 crores

•    Q1 FY14 Revenues up by 12.3% over Q1 FY13 – Rs. 3157 crores

•    EBITDA  at 4.6% doubles over Q4 FY13

•    PAT Rs. 60 crores for Q1 FY14 vs Rs. 25 crores in Q4 FY13

Highlights of Q1 FY 2014

•    Power business back to profitability reflecting improvement in performance in Belgium and Hungary.

•    Restructuring operations in Belgium completed and savings realized

•    Bagged contract from Power Grid Corporation of India (PGCIL) for 765 kV Power transformer valued at Rs 231.7 crore

•    Sustained orders from Railway segment in India received orders worth Rs. 176 crores

•    Successful exports of energy efficient motors from India

CEO and Managing Director, Laurent Demortier of Avantha Group Company CG said “Q1

FY14 has been an encouraging quarter for CG, despite a challenging market environment. The strategic alignment in our POWER Transmission business in Belgium and Hungary has started to take shape and is on the path to recovery.  The overall savings program across businesses and regions is on track. The performance of all our businesses in India, have shown significant improvement”.