CG signs JV for setting up switchgear manufacturing base in Indonesia
Avantha Group Company CG and PLNE (PT Prima Layanan Nasional Enjinring) have signed a joint venture agreement to manufacture and commercialise high voltage (HV) and extra high voltage (EHV) switchgear in Indonesia. PLNE is an engineering company owned by PLN (Perusahaan Listrik Negara), an Indonesian government-owned sole electricity utility company. The joint venture will be owned 51 per cent by CG and 49 per cent by PLNE and will be a part of CG’s global organisation. The JV includes a technology transfer by CG over a period of five years for the production of the entire range of switchgear for the network – from 70kV to 500kV – and will be localised through CG‘s new manufacturing base in Indonesia. Production is expected to commence in 24 months.
“The focus of the collaboration is to enhance the sustainable operation of the entire transmission and distribution grid in Indonesia. CG’s equipment portfolio will also include the production of HV and EHV switchyard equipment, the range of SF6 circuit breakers, current transformers, inductive voltage transformers, capacitor voltage transformers and lightning arresters,” CG said in a statement. The products manufactured in the new facility in Indonesia will be distributed through CG’s marketing network in the South-East Asian markets and the Pacific Region.
