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Crompton Greaves

crompton greaves, crompton greaves share price
Crompton Greaves CG BSE: 500093, NSE: CROMPGREAV is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai It is part of Avantha Group3

Contents

  • 1 History
  • 2 Products & Services
  • 3 Offices in India
  • 4 Awards
  • 5 References
  • 6 External links

Historyedit

Col R E B Crompton founded REB Crompton & Company in 1878 The company was merged with FA Parkinson in 1927 to form Crompton Parkinson Ltd Greaves Cotton and Company, established by James Greaves in 1859, was appointed as their concessionaire in Indiacitation needed

In 1937, Crompton Parkinson established Crompton Parkinson Works Ltd in Bombay as a wholly owned Indian subsidiary In collaboration with Greaves Cotton, it also established a sales organisation, Greaves Cotton & Crompton Parkinson Ltd In 1947, just before India's independence, Lala Karam Chand Thapar, an Indian industrialist, bought Greaves Cotton when the company was put up for sale With this acquisition, Karam Chand Thapar gained control of several associated companies such as Crompton Parkison Works, Greaves Cotton and Crompton Parkinson Companycitation needed

The name Crompton Greaves Limited was adopted on 2 August 1966, following a court-directed amalgamation of Greaves Cotton and Crompton Parkinson Ltdcitation needed

Over the years, the company has evolved into one of India's largest private sector enterprisescitation needed

In 1974, Crompton Greaves signed a Western Hemisphere exclusive with CEO HW Hub Markwardt of Texas based Encon Industries to begin exporting their highly efficient high-breeze electric ceiling fans to the American market Over the next 10 years, Crompton Greaves would export over 6 million units of ceiling fans to North & South America primarily for residential use under the brand name "Encon", which stood for ENergy CONservation

After the acquisition of the Belgium-based Pauwels Trafo/Pauwels Group in May 2005, Crompton Greaves was ranked amongst the world's top ten electrical transformer manufacturers The company subsequently acquired companies outside India These include Ganz Hungary, Microsol Ireland, Sonomatra France, MSE Power Systems USA, and ZIV Spaincitation needed

Crompton Greaves is a part of the US$4 billion Avantha Group, and is headquartered in a building CG House at Worli, Mumbai In 2009 Crompton Greaves adopted a new brand identity and is since known as CGcitation needed

Crompton Greaves made series of acquisitions overseas which included 4- ZIV Group for Euro 150 Mn, QEI Inc, provider of SCADA and automation systems for $300 Mn and Emotron Group, a power electronics and engineering company, for $823 Mn 578 Mn Euroscitation needed

In September 2012, HSBC Global Investment Funds raised its stake in Crompton Greaves from 129% to 268% through bulk deal on BSE for R9273 millioncitation needed

In March 2009, Crompton Greaves acquired 41% stake in Avantha Power & Infrastructure Limited for R227 billioncitation needed

Currently,when Mr Gautam Thapar is the chairman of the board, and Mr K N Neelkant is the CEO and Managing Director of the companycitation needed

CG has delivered transformer equipment to the Danish Anholt Offshore Wind Farm, and is scheduled to deliver 6 transformers for the Kriegers Flak offshore windfarm5

Products & Servicesedit

  • Power Systems
    • Transformers and Reactors
    • Switchgear Products-MV/HV/EHV/UHV
    • Instrument Transformers-MV/HV/EHV/UHV
    • Power Quality Solutions
    • T&D Systems/Engineering Solutions
    • Mobile Substations
    • Protection Control & Automation
    • Services for Power Systems
    • Transformer & Switchgear Components
    • LV Switches & Panel Products
  • Industrial Systems
    • Motors: High/Low Voltage AC&DC
    • Generators/Alternators
    • Traction Motors/Alternators/Control Electrics
    • FHP/Commercial Motors
  • Drives and Automation
  • Stampings and Laminations
  • Services for Industrial Systems
  • Automation System
    • Power Line Carrier CommunicationPLCC
    • Control & Relay Panels
    • Numerical Protection IED'S or Relays
    • Smart Grid products Smart Energy meters, Data concentrator Units, Routers
    • Substation Automation Solutions
    • RTU's based solutions
  • Consumer Products
    • Fans
    • Appliances
    • Lighting
    • Pumps
    • Home Automation
    • Integrated Security Systems
    • Wiring Accessories6

Offices in Indiaedit

  • North Region : New Delhi, Jaipur, Jalandhar, Lucknow, Gwalior
  • Eastern Region : Kolkata, Bhubaneshwar,Guwahati,Patna
  • Western Region : Mumbai, Nashik, Ahmedabad, Baroda, Indore, Pune, Nagpur, Raipur, Kolhapur, Bhopal
  • Southern Region : Chennai, Bangalore, Secunderabad, Cochin

Awardsedit

  • Received National Award for Best Research and Development Efforts in 2007
  • Received Best Product Competition Award for Dream Transformer from Elecrama 2008
  • Received Golden Peacock Innovative Product / Service Award-2007
  • Received Golden Peacock Award 08-09 for NAPOKRETE ® based Instrument Transformer – Current Transformer & Voltage Transformer
  • Received NABL Accreditation for 5 of its labs & 1 calibration lab7

Referencesedit

  1. ^ "Crompton Greaves adopts new brand identity as global power company – Money – DNA" Dnaindiacom 19 October 2009 Retrieved 2010-12-23 
  2. ^ http://wwwcgglobalcom/pdfs/Aud-FinRes-consolidated_1415pdf
  3. ^ PTI, 30 Mar 2010, 1219 pm IST 30 March 2010 "Crompton Greaves completes acquisition of PTS for 30 mn pounds – The Times of India" Timesofindiaindiatimescom Retrieved 2010-12-23 CS1 maint: Multiple names: authors list link
  4. ^ http://wwwdealcurrycom/20130114-Crompton-Greaves-To-Acquire-Lighting-Division-Of-Karma-Industrieshtm
  5. ^ http://energiwatchdk/secure/Energinyt/Renewables/article8361901ece
  6. ^ http://wwwcgglobalcom/frontend/Cromptonaspxcnl1=KV1SpKMjSGM=
  7. ^ http://wwwcgglobalcom/frontend/finalnonproductaspxcnl2=3G3ss5YkJ3g=

External linksedit

  • Crompton Greaves Global
  • Crompton Pump

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