Crompton Greaves, an Avantha group company, has bagged a $26 million contract from Indonesia for supplying power equipment.
´CG has sealed a deal with PT PLN (Perusahaan Listrik Negara) Indonesia, for the manufacture and supply of 37 units of power transformers,´ CG said in a statement. Valued at $26 million (about Rs 156 crore), the power transformers will be installed across PT PLN´s transmission network, in 36 different substations in Sumatra, Java, Bali, Kalimantan and the Sulawesi islands of Indonesia, the statement said.
Crompton Greaves bags $26 million contract
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