CG Power shares in focus on commissioning EHV switchgear manufacturing facility in Nashik

Shares of CG Power and Industrial Solutions will be in focus on Friday, June 5, as it announced the commissioning of its extra high-voltage (EHV) switchgear manufacturing facility in Nashik.

The S3 Unit-II facility in Pimpalgaon Garudeshwar is in addition to the S3 Unit-I manufacturing facility at Ambad, Nashik, which manufactures EHV circuit breakers in the 33 kilovolt (kV) to 800kV range, according to a regulatory filing dated June 4.

The new facility will manufacture EHV Circuit Breakers in the 33 kV to 245 kV range and expand CG Power’s EHV circuit breaker manufacturing capacity by 80%. The commercial production commenced on Thursday, June 4.

Equipped with advanced manufacturing and testing infrastructure, including 500 kV and 350 kV high-voltage testing laboratories, the company said that the facility has been designed to meet the growing demand for reliable power transmission equipment across domestic and international markets.

“The facility strengthens CG's ability to serve critical sectors such as utilities, railways, renewable energy, oil and gas, and transmission infrastructure projects. It will also support the company's growing export business,” it stated.

The facility also incorporates energy-efficient systems, rainwater harvesting and water recycling infrastructure, and zero liquid discharge operations.

Commenting on the development, Amar Kaul, Group CEO and Managing Director of CG Power and Industrial Solutions Limited, said: “The commissioning of S3 Unit-II marks an important milestone in our growth journey and reflects our confidence in opportunities emerging from grid expansion, renewable energy integration and infrastructure development.”

He further stated that as demand for high-voltage transmission equipment continues to grow in India and across global markets, this facility enhances our ability to deliver world-class products at scale.

“The investment also reinforces our commitment to supporting the evolving energy needs of our customers through innovation, quality and operational excellence,” Kaul added.

Shares of CG Power and Industrial Solutions closed 3.45% higher at ₹937.90 apiece on the National Stock Exchange (NSE) on Thursday, ahead of the capacity addition announcement.

The company has a total market capitalisation of ₹1.48 lakh crore as of June 4, 2026, according to data on the NSE.