Company news: CG Power and Industrial Solutions

PT CG Power Systems Indonesia (CG Indonesia), a step down subsidiary of CG Power and Industrial Solutions , has bagged an order from Indonesian state utility PT PLN (Persero) for manufacture and supply of 25 power transformers units valued at $24 million (about ₹170 crore). This is in addition to the order for 14 units received earlier this year, taking the total order to $45 million (₹318 crore) for FY 20. Shares of CG Power jumped 4.98 per cent at ₹15.38 on the BSE.