CG Power Shares Surge 7% on Securing Rs 900 Crore US Data Centre Order
Business
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Moneycontrol•19-01-2026, 09:25
CG Power Shares Surge 7% on Securing Rs 900 Crore US Data Centre Order
- •CG Power & Industrial Solutions shares jumped 7% after winning a Rs 900 crore (USD 99.2 million) order from Tallgrass Integrated Logistics Solutions LLC, USA.
- •The order is for a large-scale data centre project in the United States, marking CG Power's entry into the global data centre segment.
- •This is CG Power's largest single direct export order ever for the supply of power transformers.
- •The company will supply power transformers designed for the stringent reliability and efficiency needs of hyperscale data centres.
- •The order is scheduled for execution over a delivery period of 12 to 20 months.
Why It Matters: CG Power's shares surged after securing a significant US data centre order, marking its global segment entry.
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