StockWatch
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Heavy Electrical Equipment
Legal5 Nov 2026, 12:37 pm

CG Power Unit Operations Directed to Close by MPCB

AI Summary

CG Power and Industrial Solutions Ltd has received a direction from the Maharashtra Pollution Control Board (MPCB) to close the manufacturing operations of its unit located in Waluj, Chhatrapati Sambhajinagar. The direction is based on alleged violations of the Water and Air Pollution Acts. The company is reviewing the directive and will take appropriate action. The financial impact of this closure is currently unascertainable.

Key Highlights

  • MPCB directs closure of CG Power's Waluj manufacturing unit.
  • Alleged violations of Water and Air Pollution Acts cited.
  • Company is reviewing the direction and assessing impact.
  • Financial impact of the closure is currently unknown.