Crompton Greaves bags $105 million order from Indonesia's PTPLN

New Delhi: Avantha Group company Crompton Greaves today said it has bagged a USD 105 million (Rs 715 crore) order from Indonesia's state-owned electricity firm PT PLN to make and install power transformers.

The company in a BSE filing said it "has won a significant order of USD 105 million from PT PLN... to manufacture and install power transformers." Crompton Greaves' power transformers will be installed across PT PLN's transmission network spread across multiple substations and power plants in Java, Sumatra, Kalimantan Sulawesi and the Papua Islands of the Indonesian archipelago. The company's scrip was trading 0.54 per cent up at Rs 65.25 on BSE.