CG Power Secures Record $108 Million US Order, Shares Set for Action
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CNBC Awaaz•18-01-2026, 16:07
CG Power Secures Record $108 Million US Order, Shares Set for Action
- •CG Power and Industrial Solutions received a significant order worth approximately 900 crore rupees (around $108 million) from Tallgrass Integrated Logistics Solutions in America.
- •This order marks CG Power's entry into the global data center industry and is the largest single order the company has secured to date.
- •The project involves supplying power transformers designed for hyperscale data center applications, with completion expected within 12 to 20 months.
- •Global CEO Amar Kaul highlighted this deal as a strategic platform win, demonstrating CG Power's capability to deliver mission-critical technology solutions globally from India.
- •The company anticipates this order will open up long-term opportunities in global data center projects, aligning with its growth and margin expansion strategy.
Why It Matters: CG Power's record US order for data center transformers signals its entry into a new, high-growth market.
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