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CG to Assist in Grid Expansion of One of the World's Largest Electricity Exporters ANDE Paraguay

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Avantha Group Company CG
Distribution Transformer Division One Pauwels Drive
Washington, MO, 63090
USA



Press release date: March 13, 2014

Signs contracts for Transformers - a total of 684 MVA
Part of Paraguayan 220 kV network expansion and modernization project
Transformers to be manufactured in Mumbai, India

Washington – Avantha Group Company CG, signed a contract with the State Utility of Paraguay - Administracion Nacional de Electricidad (ANDE) for supply of 19 single and three phase transformers amounting to a total of 683.3 MVA, for expansion of the country's 220 kV Electricity Network.  Paraguay is one of the world's largest exporters of electricity.  It exports to neighbouring Brazil and Argentina.  CG has been present in South America for the past two decades.

CG, which has a consolidated global manufacturing capacity of 95,000 MVA; 46,000 MVA in Asia, 31,000 MVA in Europe, and 18,000 MVA in North America, will manufacture these transformers in India and supply them in 3 lots. Spare parts, supervision of installation and commissioning, and on-site training, will also be provided.

This contract was won under a competitive international public bidding process.

The Paraguayan grid has 1.3 million customers and approx 32,000 kms of distribution lines. It has been growing @ 4% p.a. since 2009. This contract represents the strengthening of 10% of ANDE's current transforming capacity.

ANDE's grid also faces difficulty due to distribution losses which are amongst the highest in the region. To assist in reducing those losses, and improving the grid's energy efficiency, CG recently also won a contract for the manufacture, supply, and installation of 30,000 Smart Meters in that grid.

As part of its global manufacturing capacity, in the America's, CG has a greenfield power transformer plant and a distribution and medium power transformer plant with a combined capacity of 10,000 MVA in Washington, Missouri, an 8,000 MVA Power Transformer facility in Winnipeg, Canada, and an Extra High Voltage (EHV) Switchgear & Mobile substation manufacturing facility in Sapucaia do Sul in the state of Rio Grande do Sul, Brazil.

This underlines the fact that CG is well positioned for serving the South American market and can provide its array of power Transmission & Distribution (T&D) products which includes Transformers, Extra High Voltage (EHV) equipment, Instrument Transformers (IT) , Medium Voltage (MV) Switchgear, Gas Insulated Switchgear (GIS), Mobile Sub-stations, and Smart Grid devices, to Power Utilities and Industries in that region.

Commenting on the contract, Avantha Group Company CG's CEO & Managing Director, Laurent Demortier said, "CG's global expertise in power transmission and distribution is now making its presence felt in the South American region too. We are proud to be involved in this major project with ANDE, and become a key player in their grid expansion and modernization programme.  Our customers in the fast growing networks in that region can rest assured that we are fully equipped to meet all their demands with cutting edge quality and prompt deliveries."

About Avantha Group Company CG

Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.

For more information on CG, please visit: www.cgglobal.com.

About Avantha

The Rs. 25,000 crores (US$4bn) Avantha Group is one of India's leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers) .

With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.

For more information on Avantha, please visit www.avanthagroup.com.

For further information, please contact:

Ms. Paula Sengupta
Global Head – Corp. Comms.
CG (Crompton Greaves Limited)
CG House, 1st floor
Worli, Mumbai 400 030, India
T: +91 22 24237516 / 67558771
paula.sengupta@cgglobal.com

Mrs. Shravani Dang
Group Head – Corporate Communications
Vice President – Avantha Group
5th Floor, Tower C, First India Place, MG Road
Gurgaon-122002, Haryana, India
T : +91 124 4099436
s.dang@avanthagroup.com

CG Power Systems Belgium NV, Antwerpsesteenweg 167, Mechelen, NA B-2800 Belgium


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