CG Power and Industrial Solutions Limited (“CG Power”), previously known as Crompton Greaves Limited, is a company engaged in the design, manufacturing, and marketing of products related to power generation, transmission, and distribution. It is headquartered in Mumbai and has units spread over Maharashtra, Goa, and Madhya Pradesh. It became a subsidiary of the Company in November 2020. CG Power was incorporated on 28th April, 1937 as ‘Crompton Parkinson Works Private Ltd’. Subsequently its name was changed to Crompton Greaves Limited in 1966. The name of the company was again changed to ‘CG Power and Industrial Solutions Limited’ in 2017, consequent to divestment of its consumer product business in 2015 by demerging it into a separate, independent corporate entity. CG Power is primarily a B2B company which operates across following two major lines of businesses:
Power Systems is CG Power’s largest BU. PSBU focuses on power transmission, distribution, power solutions, setting up of integrated power systems and associated services businesses. It manufactures a wide range of power and distribution transformers, extra high voltage (EHV) and medium voltage (MV) circuit breakers, switchgears, EHV instrument transformers, lightning arrestors, isolators and vacuum interrupters. It also offers turnkey solutions for transmission and distribution (T&D) through sub-station projects, engineering, procurement and construction (EPC) as well as other end-to-end contracts involving the entire value chain — solutions, design, products, procurement, construction, erection and servicing.
This business unit manufactures products such as High voltage (HV) motors; low voltage (LV) motors; and fractional horse power (FHP) motors, Direct current (DC) motors, AC and DC drives, AC generators (LV and HV), Variable frequency drives and solutions based on insulated gate bi-polar transistor (IGBT) technology; soft starters and shaft power monitors; and rotary heat exchangers with switch reluctance motors for saving energy, Traction electronics and traction machines for railway transportation, Railway Signaling equipment and Stampings.