market Inner Banner
  • BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ticker-arrow
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
CG Power commissions EHV switchgear facility in Nashik
(07:35, 05 Jun 2026)
The new facility complements the company's existing S3 Unit-I plant at Ambad, Nashik, which manufactures EHV circuit breakers in the 33kV to 800kV range.

The project forms part of CG Power's previously announced greenfield switchgear expansion plan, involving an estimated investment of Rs 748.20 crore to strengthen its presence across medium-voltage (MV) and extra high-voltage (EHV) segments and expand its switchgear manufacturing capacity.

Spread across around 35 acres with a built-up area of approximately 72,000 square meters, the facility adds an annual manufacturing capacity of 7,200 EHV circuit breakers in the 33kV to 245kV range. It is equipped with 500kV and 350kV high-voltage testing laboratories. The company's existing S3 Unit-I facility has an annual capacity of 9,000 units and is currently operating at around 85% utilization. CG Power has invested Rs 39.49 crore in the new facility through internal accruals, with around 97% of the capex expected to be utilized for the broader greenfield project.

The company said the expansion is driven by strong demand and capacity constraints at its existing facility and is expected to support growing opportunities in power transmission, renewable energy, railways, utilities and export markets.

Amar Kaul, Group CEO and Managing Director, CG Power and Industrial Solutions, said, 'The commissioning of S3 Unit-II marks an important milestone in our growth journey and reflects our confidence in opportunities emerging from grid expansion, renewable energy integration and infrastructure development. As demand for high-voltage transmission equipment continues to grow in India and across global markets, this facility enhances our ability to deliver world-class products at scale. The investment also reinforces our commitment to supporting the evolving energy needs of our customers through innovation, quality and operational excellence.'

CG Power & Industrial Solutions is a global enterprise providing end-to-end solutions to utilities, industries, and consumers for the management and application of efficient and sustainable electrical energy. It offers products, services, and solutions in two main business segments, viz., Power Systems and Industrial Systems. The company reported a 32% jump in consolidated net profit to Rs 362 crore on a 25.03% rise in revenue from operations to Rs 3,441.76 crore in Q4 FY26 over Q4 FY25.

Shares of CG Power & Industrial Solutions rose 3.45% to close at Rs 937.60 on the BSE.

Powered by Capital Market - Live News

.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355
51, Mini Market T/F Mandir Wali Gali, Yusaf Sarai, New Delhi 110016 011-35936102 greenpark@dbonline.in
C-12, DB Plaza, RDC Raj Nagar, Ghaziabad 201002 0120-4150393 ghaziabad@dbonline.in
Plot No 4, Wasme House, Film City Sector 16A, Noida – 201301 0120-4823200 compliance@dbonline.in
Out Side Jassusar Gate, Bikaner, Rajasthan – 334001 9001643408 bikaner@dbonline.in
Office No 101, City Center, Opp. High Court, M G Road, Indore 452001 9424083019 brajeshsadani@dbonline.in
203, Marshal House 25, Strand Road, Kolkata 700001 033-40055270 b032@dbonline.in
Shop No.-7, 2nd Floor, Amar Complex, Opp. Hanumaan Mandir, The Mall, Solan- 173212 6230604596 parwanoo@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road, Delhi 110001- 0120-4823200 compliance@dbonline.in
Daga Business (International) Stock Brokers (IFSC) Private Limited INZ000202436 Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, Gift SEZ, Gandhinagar, Gujarat 382355 - 0120-4823200 compliance@dbonline.in

Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

Investor Grievances Email ID: investorgrievance@dbonline.in


Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"