CG Power and Industrial Solutions Limited’s Board of Directors has approved significant capital expenditure proposals, totaling approximately ₹130 crore, to enhance manufacturing capacities across its Power Transformer, Switchgear (OIP, EHV circuit breaker, GIS), and other divisions. The approvals, granted on October 23, 2026, are aimed at meeting growing market demand and strengthening competitive positions by expanding production capabilities over the next 6 to 36 months.
CG Power and Industrial Solutions Approves Significant Capacity Expansion
On October 23, 2026, the Board of Directors of CG Power and Industrial Solutions Limited greenlit several strategic capital expenditure projects, totaling an estimated ₹130 crore, designed to bolster the company’s manufacturing capabilities and meet increasing market demand.
Key Capacity Enhancements Approved
Power Transformer Facility (T3 – Division)
The Board sanctioned a capacity enhancement for the Power Transformer facility, targeting an increase of 10,000 MVA. This project, with an estimated investment of ₹68 crore, is expected to be completed within 12-15 months. The initiative aims to significantly boost manufacturing capacity, enabling the division to cater to growing market demand and enhance its competitive standing.
Switchgear Facilities (Brownfield/CAPEX Expansion)
Significant investments were also approved for the Brownfield/CAPEX expansion of switchgear facilities, addressing current capacity constraints and growing demand for Extra High Voltage (EHV) products.
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S1 Unit (OIP), Ambad: An investment of approximately ₹300 crore will enhance the manufacturing capacity of OIP bushings and instrument transformers up to 800 kV, adding 4236 equivalent units per year. Production is expected to commence within 30-36 months.
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S3 Unit-II Phase 2: Further investment of approximately ₹15.31 crore will boost EHV circuit breaker manufacturing capacity by 3600 units annually. This expansion is planned for completion within 6-9 months.
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GIS Division, Vilholi: The Capex investment for the GIS brownfield project has been enhanced from ₹35.17 crore to ₹44.62 crore, representing an additional investment of ₹9.45 crore. This includes the procurement of an 800 kV high-voltage testing system to test 245 kV and 400 kV GIS.
Management Appointments
In addition to the capacity expansions, the Board also designated Mr. Rajat Shah (Vice President – Services) and Mr. Rushikesh Kulkarni (Chief Growth & Innovation Officer – Industrial Business) as Senior Management Personnel, effective from October 23, 2026.
Source: BSE
