CG Power and Industrial Solutions Limited
CG Power & Industrial Solutions is a global enterprise providing end-to-end solutions to utilities, industries and consumers for the management and application of efficient and sustainable electrical energy. It offers products, services and solutions in two main business segments, viz. Power Systems and Industrial Systems.
What CG files
- Others120
- Investor Meet66
- Updates38
- Important28
- QIP/Rights/Pref.16
- Board Meeting12
CG Power rolled out the first transformer from its new 50-acre, 45,000 MVA plant, investing 792 Cr. This expansion boosts capacity to 1,20,000 MVA to meet rising demand from renewables, data centers, and exports, with remaining capacity coming online in phases.
CG Power commissioned its new EHV Switchgear plant in Nashik, expanding capacity by 80% with 7,200 units annually. This Rs. 39.49 Cr investment tackles demand, serves key sectors like renewables, and boosts exports, enhancing market position.
CG Power (CGPOWER) faces an increased tax dispute. The Income Tax Department issued a revisionary order for Assessment Year 2022-23, adding a **Rs. 21.43 Cr disallowance** for unabsorbed depreciation loss. **The Issue:** This new disallowance comes on top of an existing disputed tax demand of **Rs. 188.79 Cr** for the...
CG Power is streamlining its international operations. The company's wholly-owned foreign subsidiary is selling its 51% stake in PT Crompton Prima Switchgear Indonesia (CPSI) to co-owner PLNE for a nominal IDR 1. **Issue:** This move formalizes CG Power's exit from CPSI, an Indonesian step-down subsidiary that is currently non-operational and...
CG Power applied to declassify Algavista Greentech Private Limited from its promoter group. This entity, currently holding no shares (0.00%), is undergoing a corporate governance re-classification.