Engineering,Engineering sector projects by Crompton Greaves Limited in

Project Information

4896
Crompton Greaves Limited
Avantha Group Company Crompton Greaves And PT Prima Layanan Nasional Enjinring Have Signed A Joint Venture Agreement To Manufacture And Commercialize High Voltage And Extra High Voltage Switchgear In Indonesia. 51% Of JV Will Be Owned By Crompton And 49% By PLNE And Will Be A Part Of Crompton's Global Organization. The JV Includes A Technology Transfer By Crompton Over A Period Of Five Years For The Production Of The Entire Range Of Switchgear For The Network - From 70kv To 500kv - And Will Be Localized Through Crompton's New Manufacturing Base In Indonesia. The Production Part Expected To Commence In 24 Months. The Focus Of The Collaboration Is To Enhance The Sustainable Operation Of The Entire Transmission And Distribution Grid In Indonesia. The Products Manufactured In The New Facility In Indonesia Will Be Distributed Through Crompton’s Marketing Network In The South-East Asian Markets And The Pacific Region.
Project Value
Refer document
JV Agreement Signed
Not Specified
India
Engineering,Engineering
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