CG Power Secures Record ₹900 Crore US Data Center Order Amid 52-Week Low Trading
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CNBC Awaaz•18-01-2026, 20:37
CG Power Secures Record ₹900 Crore US Data Center Order Amid 52-Week Low Trading
- •CG Power and Industrial Solutions Ltd received its largest single order ever, valued at approximately ₹900 crore (USD 99.2 million), for a US data center project.
- •The order, from Tallgrass Integrated Logistics Solutions LLC, USA, marks CG Power's official entry into the global data center market.
- •CG Power will design, manufacture, and test specialized power transformers in India, with delivery scheduled over 12 to 20 months.
- •Global CEO Amar Kaul highlighted this as a strategic "platform win," showcasing the company's capability to deliver mission-critical solutions from India.
- •Despite the significant order, CG Power's shares closed down by 2.82% on Friday, January 16.
Why It Matters: CG Power secured a record ₹900 crore US data center order, marking its global entry despite a recent stock dip.
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