CG Power and Industrial Solutions Limited (CGPOWER)

Overview

CG Power and Industrial Solutions Limited is an expansive entity that provides a myriad of solutions across various sectors globally, with its vast operations in India and abroad. Originally established in 1937 and having undergone a name change from Crompton Greaves Limited to CG Power and Industrial Solutions Limited in February 2017, the company has cemented its position as a significant player in the power and industrial solutions space. It operates as a crucial subsidiary of Tube Investments of India Limited, with its headquarters located in Mumbai, India. Catering to a diverse clientele, CG Power offers specialized products and services across multiple segments which include Power Systems, Industrial Systems, and other niche offerings. The company's broad spectrum of customers encompasses sectors ranging from steel and metals to renewables, cement, building and infrastructure, defense, metro rail, railways, thermal and nuclear power, and more, highlighting its pivotal role in supporting a wide array of industries.

Products and Services

Power Systems: CG Power’s Power Systems segment delivers a comprehensive array of power-related products and solutions such as power, distribution, instrument, and various types of transformers including locomotive, solar, and green transformers. It also provides switchgear, circuit breakers, condenser bushings, lightning and surge arresters, amongst others. The company prides itself on undertaking extensive projects the encompass design, procurement, construction, erection, and servicing for transmission and distribution, including substation projects.

Industrial Systems: Under the Industrial Systems segment, CG Power caters to the needs of the industrial sector through the provision of traction motors, AC generators, drives and automation solutions, and soft starters and shaft power monitors. The segment also produces domestic and commercial fans, railway traction equipment, signaling equipment, and various pumps, supporting industries like agriculture, residential, and specialty areas.

Others: In addition to its primary segments, CG Power also engages in the production of adhesive tapes and labels, and offers outsourced semiconductor assembly and test solutions, diversifying its product portfolio to meet a wide range of customer requirements.

The company’s vast array of products and services is designed to meet the evolving needs of several sectors including, but not limited to, steel and metals, cement, textile, fertilizer, chemical, oil and gas refineries, sugar, automobile, FMCG, electronics, building and infrastructure, defense, paper, pharmaceutical, metro rail, railways, thermal, nuclear power, mining, data centers, IT and telecom, green hydrogen, water and irrigation, power transmission and distribution, port and shipping sectors, and renewables including solar, floating solar, wind, and hydro industries. This extensive offering underscores CG Power and Industrial Solutions Limited’s commitment to providing comprehensive solutions across a broad spectrum of industries.