According to reports, CG, an Avantha Group Company, will be based in the Global Village in Bangalore. According to Laurent Demortifier, CEO and managing director of CG, the Smart Grid devices manufactured in this facility will offer numerical solutions to Indian Utilities and Industries in the Transmission and Distribution (T&D) segment and provide improvement in the electric grid to make it more efficient and reliable.
CG has invested 80 million INR in this facility, which will employ more than 100 people. In addition to producting primary Smart Grid components, the facility will also offer services such as systems integration, installation, and commissioning. The facility is fully equipped with modern equipment to ensure an annual production capacity of 10,000 units of power line carrier communication terminals and intelligent electronic devices.
According to Demortifier, the opening of CG’s Smart Grid manufacturing facility in Bangalore is a result of intense planning with the Indian stakeholders: customers, regulators and employees. “The facility will support economic development, foster job creation and boost an understanding of Smart Grid solutions in the energy field.”