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Crompton Greaves bags $26 million contract

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

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