Mumbai: Avantha Group Company ,CG Power & Industrial Solutions has bagged an order of Rs 111 crore from Indian Railways for Drive Propulsion System of Electric Loco at Chittaranjan Locomotive Works.
CGās Drive Propulsion System comprises of IGBT based Traction converter, Auxiliary converter, TCN based Vehicle control unit and Driver Display Unit which helps to run trains efficiently at a higher speed with reduced energy consumption, company said in afiling with BSE.
The order is significant to Indian Railways capacity enhancement plans and meets the demand for electric loco products with an emphasis on propulsion system.
This opens up huge opportunities for CG especially in electric locomotives.
