Mumbai, Oct. 23 -- The board of CG Power & Industrial Solutions at its meeting held on 23 October 2026 has approved the expansion of power transformer manufacturing facility (T-3 Dividend).

The existing power transformer manufacturing facility is currently operating at its maximum capacity. The company had undertaken Lean initiative and basis the outcome, there is scope to enhance the capacity by 10,000 MVA in the existing facility.

Given the current and projected order pipeline for the division, the Board has approved the capacity enhancement.

The total estimated project investment is Rs 68 crore (net of taxes). The project is planned to be completed within a period of 12-15 months and is expected to significantly enhance the plant's ...