CG Power Approves ₹68 Cr Capacity Expansion, Designates Senior Management

CG Power and Industrial Solutions Ltd announced key decisions from its Board Meeting held on October 23, 2026. The company approved the unaudited financial results for the second quarter and half-year ended September 30, 2026. Additionally, Mr. Rajat Shah and Mr. Rushikesh Kulkarni were designated as Senior Management Personnel. Significant capacity expansions were also greenlit: a ₹68 Crore investment for the Power Transformer facility (T3 - Division) to add 10,000 MVA, and brownfield/CAPEX expansions for Switchgear facilities including ₹300 Crores for S1 Unit (OIP), ₹15.31 Crores for S3 Unit-II (EHV circuit breaker), and an enhanced Capex of ₹44.62 Crores for the GIS Division (Vilholi). These expansions aim to meet growing domestic and export demand.