- Design, procurement, engineering and installation completed
- Showcases capability in meeting semiconductor industry demand
- Strengthens relationship for next phase of the plant expansion
CG’s power transformers will ensure a continuous, reliable power supply at GlobalFoundries’ Malta plant, which has a 300,000-square-foot clean room, a fabrication area approaching one million square feet, and a workforce of more than 2,000.
CG was selected for this important project because of the company’s ability to provide a total solution EPC approach to a project that had a compact construction schedule.
After successfully designing, procuring and installing the original transmission lines and substation during the initial construction phase of the Fab 8 plant in 2009-10, CG has remained a valued-added partner with GlobalFoundries. The current project places the company in a favorable position to provide turnkey Transmission and Distribution (T&D) solutions, including post-project services, for the next phase of the GlobalFoundries Malta fabrication plant, which is expected to be completed in 2014.
The market size for power transformers in the U.S. is estimated to reach 4640 Mn USD by 2018. It is growing at an estimated CAGR of 6% and this market is just 18% of the global power transformer market.*
In the US, CG has Manufacturing Units, Sales Offices and Service Facilities in Washington (Missouri), Springfield (New Jersey), Albany and Rochester (New York), Connecticut, Florida, Idaho, Illinois, Maryland, Pennsylvania and Rhode Island. The company has successfully completed over 300 projects in 34 US states and 14 foreign countries, ranging from 2.4 kV class to 765 kV class. It is responsible for interconnecting 22% of wind power in the United States.
Commenting on the completion of this project, Avantha Group Company CG’s CEO and Managing Director Laurent Demortier said: “The completion of this project marks the continuing diversification of CG into industrial markets. We thank GlobalFoundries and their General Contractor for renewing their trust in CG and we look forward to strengthening our relationship as a long-standing partner, able to supply high-quality, durable power equipment that meets their needs for a reliable power source.”
*Source: Global Industry Analysts, Inc. Report on Power Transformers
About CG
Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation, and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
For more information on CG, please visit: www.cgglobal.com.
About Avantha
The Rs. 25,000 crores (US$4bn) Avantha Group is one of India's leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers)
With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com
Media Contact Details: Paula Sengupta , Global Head - Communications CG (Crompton Greaves Limited), ,+91 (22) 24237516 / 67558771 , paula.sengupta@cgglobal.com , Shravani Dang, Vice President, Group Head – Corporate Communications Avantha Group, ,+91 (11) 41699282, +91 (11) 23368332 , s.dang@avanthagroup.com , Dr. Jan Declercq , Chief Technology Officer CG, ,+32 15 283 240 , jan.declercq@cgglobal.com
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