CG Power commissions EHV switchgear facility in Nashik
CG Power and Industrial Solutions Limited commissioned its Extra High-Voltage Switchgear Manufacturing Facility S3 Unit-II in Nashik on June 4, 2026, adding 7,200 units of annual capacity. The Rs 39.49 crore investment, financed through internal accruals, expands EHV circuit breaker manufacturing capabilities by 80% to meet rising demand. The facility features advanced testing laboratories and sustainable infrastructure, supporting sectors like utilities, railways, and renewable energy.
*this image is generated using AI for illustrative purposes only.
CG Power and Industrial Solutions Limited commissioned its Extra High-Voltage (EHV) Switchgear Manufacturing Facility S3 Unit-II in Nashik on June 4, 2026, to address rising demand and capacity constraints in its existing operations. The new facility expands the company's ability to manufacture EHV circuit breakers in the 33 kV to 245 kV range, strengthening its position in the power transmission sector. This expansion is part of a broader greenfield switchgear business initiative aimed at doubling the company's existing manufacturing capacity for Medium Voltage and EHV segments.
The S3 Unit-II adds an annual production capacity of 7,200 units, representing an 80% increase in EHV circuit breaker manufacturing capabilities. This complements the existing S3 Unit-I in Ambad, Nashik, which produces 9,000 units annually in the 33 kV to 800 kV range and currently operates at approximately 85% utilization. The new facility includes advanced infrastructure such as 500 kV and 350 kV high-voltage testing laboratories to support production and quality assurance.
Investment and Financing
The company invested Rs 39.49 crore in the new facility, financed entirely through internal accruals. According to the disclosure, 97% of the capital expenditure incurred for this facility is expected to be utilized for the broader Greenfield project. The project is designed to cater to a complete product range including MV and EHV Switchgear, Substation Automation Systems, and Power Electronics solutions.
Operational Details
The following table outlines the key capacity and investment details for the new facility:
| Particulars | Description |
|---|---|
| Existing Capacity: | 9,000 units (annually) at S3 Unit-I manufacturing EHV circuit breakers in the 33 kV to 800 kV range |
| Existing Capacity Utilization: | Approx. 85% of the existing capacity |
| Proposed Capacity Addition: | 7,200 units (annually) at S3 Unit-II to manufacture EHV circuit breakers in the 33 kV to 245 kV range, including 500 kV and 350 kV high-voltage testing laboratories |
| Investment Made: | Rs 39.49 crore |
| Mode of Financing: | Internal accruals |
Amar Kaul, Group CEO and Managing Director, stated that the commissioning marks a significant milestone in the company's growth journey. He highlighted that the facility enhances the company's ability to deliver products at scale to meet the growing demand from grid expansion, renewable energy integration, and infrastructure development projects in domestic and international markets.
The facility incorporates energy-efficient systems, rainwater harvesting, water recycling infrastructure, and zero liquid discharge operations. These features are intended to improve resource efficiency while reducing energy consumption and environmental impact. The expansion enables the company to better serve critical sectors such as utilities, railways, renewable energy, oil and gas, and transmission infrastructure projects.
Historical Stock Returns for CG Power & Industrial Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.11% | +0.44% | +17.03% | +41.75% | +36.08% | +1,010.47% |
How will the commissioning of the S3 Unit-II facility impact CG Power's market share in the competitive EHV switchgear sector?
What are the expected revenue contributions from the new capacity over the next fiscal year?
Will the company pursue further expansions or acquisitions to meet growing demand in the renewable energy sector?
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
