Canadian Power Transformer Sold to PTI Holdings Corporation

Avantha Group Company CG announces the sale of its Canadian Power Transformer (CPT) business to PTI Holdings Corporation for an enterprise value of Canadian $20 million subject to post-closing adjustments. The structure of the deal and its commercial terms remain subject to applicable regulatory approvals. The transfer of the business will be effective on October 27th. Read more about Canadian Power Transformer Sold to PTI Holdings Corporation[…]

CG Power Transformers for PT PLN’s Transmission Grid Indonesia

Avantha Group Company CG has bagged an order from PT PLN for manufacture and supply of power transformers, valued at USD 62 million (approx INR 410 crore). The scope of work includes design, manufacture, supply, construction and installation of these power transformers in the range of 30MVA to 268MVA. They will be installed in Java, Read more about CG Power Transformers for PT PLN’s Transmission Grid Indonesia[…]