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

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 upgrades substation at GlobalFoundries’ Fab Malta, New York

CG upgrades substation at Global Foundries’ Fab Malta, New York

•   Design, procurement, engineering and installation completed
•   Showcases capability in meeting semiconductor industry demand
•   Strengthens relationship for next phase of the plant expansion

Avantha Group Company CG has successfully designed, engineered, installed, tested and commissioned a substation expansion including two 45/75 MVA power transformers for the GlobalFoundries’ Fab 8 computer chip manufacturing complex in Malta, New York.
CG’s power transformers will ensure a continuous, reliable power supply at Global Foundries’ Malta plant, which has a 300,000‐square‐foot clean room, a fabrication area approaching one million square feet, and a workforce of more than 2,000.

CG was selected for this important project because of the company’s ability to provide a total solution
EPC approach to a project that had a compact construction schedule.
After successfully designing, procuring and installing the original transmission lines and substation during the initial construction phase of the Fab 8 plant in 2009‐10, CG has remained a valued‐added partner with GlobalFoundries. The current project places the company in a favorable position to provide turnkey Transmission and Distribution (T&D) solutions, including post‐project services, for the next phase of the Global Foundries Malta fabrication plant, which is expected to be completed in 2014.

The market size for power transformers in the U.S.is estimated to reach 4640 Mn USD by 2018. It is growing at an estimated CAGR of 6% and this market is just 18% of the global power transformer market.*
In the US, CG has Manufacturing Units, Sales Offices and Service Facilities in Washington (Missouri), Springfield (New Jersey), Albany and Rochester (New York), Connecticut, Florida, Idaho, Illinois, Maryland, Pennsylvania and Rhode Island. The company has successfully completed over 300 projects in 34 US states and 14 foreign countries, ranging from 2.4 kV class to 765 kV class. It is responsible for interconnecting 22% of wind power in the United States.

Commenting on the completion of this project, Avantha Group Company CG’s CEO and Managing Director Laurent Demortier said: “The completion of this project marks the continuing diversification of CG into industrial markets. We thank GlobalFoundries and their General Contractor for renewing their trust in CG and we look forward to strengthening our relationship as a long‐standing partner, able to supply high‐quality, durable power equipment that meets their needs for a reliable power source.”

*Source: Global Industry Analysts, Inc. Report on Power Transformers

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

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

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