Board Meeting23 Oct 2026, 02:29 pm
CG Power Board Approves Financial Results & Capacity Expansion
AI Summary
CG Power and Industrial Solutions Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved significant capacity expansions for its Power Transformer facility (adding 10,000 MVA at an investment of ₹68 Crores) and Switchgear facilities. The Switchgear expansion includes ₹300 Crores for OIP bushings, ₹15.31 Crores for EHV circuit breakers, and an enhanced Capex of ₹44.62 Crores for the GIS project. Additionally, two personnel were designated as Senior Management.
Key Highlights
- Unaudited financial results for Q2 and H1 FY27 approved.
- Power Transformer facility capacity to increase by 10,000 MVA.
- ₹68 Crores investment for Power Transformer capacity expansion.
- Significant CAPEX approved for Switchgear facilities expansion.
- Two individuals designated as Senior Management Personnel.
Price Impact
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