Crompton Greaves bags USD 100 mn order from Indonesia
Shital Jibhe / 17 Jan 2017
Crompton Greaves has an won order worth 100 million USD (Rs 720 crore) from PT PLN Indonesia. The order is for the manufacture and installation of power transformers ranging from 30 MVA, 500/ 150 kV.
Crompton Greaves has an won order worth 100 million USD (Rs 720 crore) from PT PLN Indonesia. The order is for the manufacture and installation of power transformers ranging from 30 MVA, 500/ 150 kV. These transformers will be installed across PT PLN’s transmission network, spread over multiple substations and power plant in Java, Sumatra, and the Papua islands of the Indonesian archipelago.
The Crompton Greaves stock has fallen 62.90 per cent over the past one year and lost 17.23 per cent in the last three years on annualised basis. Reliance Mutual Fund is at the top of the ten fund houses that have invested in the stock.
Crompton Greaves promoted by the Avantha Group is a leader in the management and application of electrical energy.
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