CG Power has bagged an order from the Indian Railways, worth Rs.319 crore.

The order is for supplying Under Slung Electrics for Diesel Electric Tower Car (DETC). In a filing to the exchanges the company stated, “Large quantities of DETCs are required for massive track electrification drive taken up by Indian Railways across the country. More than 1000 DETCs shall be required for electrification and thereafter for inspection and maintenance in the coming years.”

KN Neelkant, CEO and MD of CG Power stated, “With the Indian Railways making bold moves towards electrification, this partnership has become even more critical and value-accretive. With its commitment to state-of-the-art technology and innovation, CG has been able to provide customized solutions to the Indian Railways which has enabled it to make more significant contributions.”

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