CG breaks new ground with landmark ~₹900 Crore Power Transformers order from Tallgrass for US Data Center segment

CG Power and Industrial Solutions Limited ("CG"), a leading engineering conglomerate, has secured a landmark order valued at ~₹900 Crore ($99.2M) from Tallgrass Integrated Logistics Solutions LLC USA, for a large-scale data center project in the United States. This order represents a strategic milestone, marking CG's entry into the global data center segment, one of the fastest growing segments.

This is the largest single order ever won by CG and is a direct export order for the supply of power transformers. Under the contract, CG will supply power transformers, specifically engineered to meet the stringent reliability, efficiency and uptime requirements of hyperscale data center applications. This order will be executed over a delivery period of 12 to 20 months, with delivery terms FAS Mumbai Port (Incoterms® 2020).

Amar Kaul, Global CEO & Managing Director, said: "This landmark order from Tallgrass is a strategic platform win for CG and marks our entry into the rapidly growing global data center vertical. It validates our capability to deliver globally benchmarked, mission-critical technology solutions from India, and reinforces our position as a trusted global partner in applications where reliability and performance are non-negotiable.

The global shift toward cloud computing, AI, and digital infrastructure is fundamentally reshaping the power demand. We believe this win opens up a significant long-term opportunity pipeline in global data center projects, aligned with our global growth and margin-accretive expansion strategy."

These transformers will be designed, manufactured, and tested at CG's state-of-the-art facilities in India. CG's selection for this project underscores its engineering depth, advanced manufacturing capabilities, and disciplined execution using CG EDGE, its operating rhythm, which enables translation of strategy into consistent execution at scale.

Shares of CG Power and Industrial Solutions Limited was last trading in BSE at Rs. 561.85 as compared to the previous close of Rs. 576.95. The total number of shares traded during the day was 1442491 in over 8857 trades.

The stock hit an intraday high of Rs. 581.15 and intraday low of 560.10. The net turnover during the day was Rs. 828370311.00.

Source : Equity Bulls

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CGPowerandIndustrialSolutions INE067A01029 OrderWin