October, 23 2026 Friday 22:13 Hrs
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Company News Details

CG Power & Industrial Solutions Ltd
Industry :  Electric Equipment
BSE Code
ISIN Demat
Book Value()
500093
INE067A01029
52.1523983
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
CGPOWER
90.57
128558.68
EPS(TTM)
Face Value()
Div & Yield %
9.01
2
0.16
 

CG Power & Industrial Solutions Ltd
Board of CG Power approves additional investment for capacity expansion
Oct 23,2026

The board of CG Power & Industrial Solutions at its meeting held on 23 October 2026 has approved  the following capital expenditure projects to meet growing demand:

S1 Unit (OIP), Ambad: The proposed project involves an investment of approximately Rs 300 crore to enhance the manufacturing capacity of OIP bushings and instrument transformers up to 800 kV, by 4236 equivalent units per year. The project will involve augmentation of manufacturing, assembly, testing and associated infrastructure, with production tentatively expected to commence within 30-36 months.

S3 Unit-II Phase 2: The board has approved the further investment of approximately Rs 15.31 crore to enhance EHV circuit breaker manufacturing capacity by 3600 units (annually) at S3 Unit-II facility. The proposed capacity addition is planned to be completed within a period of 6-9 months.

GIS Division, Vilholi: The board has approved the enhancement in Capex investment for the GIS brownfield project at Vilholi, Nashik, from Rs 35.17 crore to Rs 44.62 crore, representing an additional investment of Rs 9.45 crore. The enhancement primarily provides for procurement of an 800 kV high-voltage testing system, along with contingency, to enable testing of 245 kV and 400 kV GIS. Approximately 90% of the project assets are expected to be transferred to the greenfield facility on-its commissioning.

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