CG wins $105 million order from PLN
Wednesday, January 18 2017 - 01:55 AM WIB
Courtesy of cgglobal
India-based Avantha Group said that its power transformers subsidiary CG Power System has won a significant order of US$105 million from PT PLN, the state-owned electricity company of Indonesia, to manufacture and install power transformers ranging from 30 MVA, 70/20kV to 500 MVA, 500/150kV.
Avantha said in a statement Tuesday that CG?s power transformers will be installed across PT PLN?s transmission network, spread over multiple substations and power plants in Java, Sumatra, Kalimantan, Sulawesi and the Papua islands of the Indonesian archipelago.
The company said the contract was secured through a highly competitive open book bid that involves passing through stringent quality checks. The scope of the project includes site survey, design, manufacture, transportation and installation of the transformers. The order falls under a project funded by PT PLN to enhance the performance of the Indonesian transmission grid, which is critical to PLN?s 35 GW Fast Track Program.
This order also reinforces the existing strong relationship between CG and PT PLN, Avantha said. ?Since 1993 CG has excelled in meeting power transformer needs of PT PLN locally and this seventh consecutive order in the open book series, reinforces the strong relationships that CG builds in all markets that it serves.? CG?s High Voltage Switchgear manufacturing plant that will come in production later this year, further endorses CG?s commitment to play a vital role in the growing South East Asian market.
Editing by Reiner Simanjuntak