This initiative complements the existing S3 unit-I in Ambad, Nashik, which specializes in EHV circuit breakers ranging from 33kV to 800kV.
This development aligns with the company’s greenfield switchgear strategy, first unveiled on October 29, 2025. The plan involves creating a new manufacturing site in western India, with a projected total investment of around ₹748.20 crore, funded through a mix of internal accruals, equity, debt, or a combination thereof.
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The project aims to double the existing switchgear production capacity and broaden the product range across medium voltage (MV) and extra high voltage (EHV) segments, which includes substation automation systems and power electronics solutions.
The facility is established on approximately 35 acres, featuring a built-up area of about 72,000 square metres, with an anticipated completion timeframe of 33 months.
According to the announcement, the new EHV switchgear manufacturing unit will contribute an annual output of 7,200 units at S3 unit-II, designed for EHV circuit breakers from 33kV to 245kV, including 500kV and 350kV high-voltage testing laboratories.
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The current capacity at S3 unit-I is at 9,000 units annually for EHV circuit breakers in the range of 33kV to 800kV, with an existing utilization rate of about 85%.
The company has allocated ₹39.49 crore for the project, funded through internal accruals, stating that 97% of the capital expenditure for this facility will go towards the larger greenfield initiative. CG Power and Industrial Solutions highlighted that the motivation behind this project stems from robust demand and capacity limitations at its current site.
Amar Kaul, Group CEO and Managing Director of CG Power and Industrial Solutions Ltd, remarked, “The launch of S3 unit-II signifies a pivotal moment in our growth trajectory and underscores our confidence in the opportunities arising from grid expansion, renewable energy integration, and infrastructure development.”
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He added, “With the increasing need for high-voltage transmission equipment in India and globally, this facility enhances our capability to provide world-class products at scale. The investment also strengthens our promise to meet the evolving energy demands of our clients through innovation, quality, and operational excellence.”
Shares of CG Power and Industrial Solutions Ltd closed at ₹939.70, having risen by ₹33.40, or 3.69%, on the BSE today, June 4.
