CG Power receives Rs. 319 crore from Rlys

CG Power and Industrial Solutions Limited received a mega order from the Indian Railways to supply electrical equipment.

The order is part of the track electrification drive conducted by the Indian Railway. The company will supply Under Slung Electrics for Diesel Electric Tower Car (DETC). The scope of the order includes installation and testing of the complete Diesel-electric propulsion system and commissioning the DETCs across the country.

The Avantha Group company is a market leader in the management and application of electrical energy solutions. The company offers electrical systems and services to utilities, power generation and other industries.

Meanwhile, at 9:25 hours, the stock of CG Power was quoting Rs. 56.50 per share, up 1.71 per cent, when the benchmark index BSE Sensex was at 34,925.97, up by 22.76 points or 0.07 per cent on Wednesday.