The Power Systems division of CG Power & Industrial Solutions Ltd (CG) made a very significant contribution to the company’s overall order inflow in FY26 (April 1, 2025 to March 31, 2026).
The Power Systems division witnessed order intake of Rs.11,210 crore in FY26, accounting for 64 per cent of the company’s total order inflow (at Rs.19,616 crore). Compared with FY26, the division’s order intake was 69 per cent higher.
CG operates through two main segments – Industrial Systems and Power Systems. While the Power Systems division includes transformers, reactors, switchgear (circuit breakers, instrument transformers and bushings), the Industrial Systems division comprises motors and generators.
As of March 31, 2026, the unexecuted order book of the Power Systems business was Rs.12,644 crore, around 91 per cent higher than the comparable level in 2025, and representing 80 per cent of the company’s overall unexecuted order book.
The stellar performance by the Power Systems division in FY26 was the result of landmark orders for transformers:
- In June 2025, CG bagged an order for supply and servicing of 765kV transformer package (7TR-12-Bulk) from the Power Grid Corporation of India Ltd (PGCIL). The total value of the order is around Rs.641 crore, making it the highest single domestic order received by the transformers business of CG. The order is expected to be completed over a period of 18 to 36 months.
- In January 2026, CG secured a Rs.900-crore power transformers export order from Tallgrass Integrated Logistics Solutions LLC USA, for a large-scale data center project in the US. This is the largest-ever single order for CG. This order will be executed over a delivery period of 12 to 20 months.
Consolidated order book
The consolidated order intake of CG, which includes the company’s domestic and international subsidiaries, stood at Rs.19616 crore in FY26, up 33 per cent from FY25. The unexecuted order book, as of March 31, 2026, at Rs.17,107 crore, was 61 per cent higher than the comparable level in 2025.
Capex plans
In October 2025, the board of CG approved investment of Rs.748 crore for setting up a greenfield manufacturing facility for MV and EHV switchgear. This facility, coming up on a 35-acre plot in western India (exact location unknown), is scheduled to commission by around July 2028. This new plant will enable CG to double its overall switchgear manufacturing capacity.
According to previously released information, CG is already in the process of expanding its power transformer manufacturing capacity from the existing 45,000 MVA to 85,000 MVA by March 2028. Besides, CG is soon expected to soon complete a capacity expansion plan at its Bhopal plant for distribution transformers, ramping up capacity to 9,900 MVA from 6,900 MVA.
Featured photograph (source: MP Transco) showing a CG transformer deployed at an EHV substation of MP Transco is for representation only.