CG Power Approves ₹68 Cr Transformer Capacity Expansion

CG Power and Industrial Solutions Ltd announced board approval for a capacity expansion of its Power Transformer facility (T3 - Division) by 10,000 MVA, with an estimated investment of ₹68 Crores. The project is expected to be completed within 12-15 months. Additionally, the board approved capital expenditure for Switchgear facilities, including ₹300 Crores for OIP bushings and instrument transformers, ₹15.31 Crores for EHV circuit breaker capacity, and an enhanced Capex of ₹44.62 Crores for the GIS brownfield project. The company also announced the designation of Mr. Rajat Shah and Mr. Rushikesh Kulkarni as Senior Management Personnel and approved the Unaudited Financial Results for the second quarter and half year ended September 30, 2026.