CG Power commissions new EHV switchgear plant in Nashik

Greenfield CommissionedMajor Capex Above 10pct NetworthCapex & Operations View source PDF Explain this filing

CGPOWER · price

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹941.00

prior close

₹948.85

announcement price

After-mkt

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.2% vs market

Heavy Electrical Equipment peers, median of 33sector-0.5%+0.2% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.2 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty 100Sector · Heavy Electrical Equipment peers, median of 33Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CG Power has commissioned its new EHV switchgear facility, S3 Unit-II, in Nashik on June 4, 2026. The plant adds 7,200 units of annual capacity in the 33kV to 245kV range, expanding EHV circuit breaker capacity by 80 percent. Investment so far is Rs. 39.49 cr, part of a larger Rs. 748.20 cr greenfield project funded via internal accruals. Existing capacity runs at 85 percent utilization. Includes 500kV and 350kV testing labs.

Likely market impact

Positive for growth. New capacity addresses the 85 percent utilization constraint and supports demand from utilities, railways, renewables and exports.