CG Power Indonesian arm bags order worth $24 mn from Persero

CG Power and Industrial Solutions on Tuesday said its step down subsidiary CG Power Indonesia bags additional IDR 334 billion ($24 million) order from Indonesian state utility PT PLN Indonesia (Persero) for Power Transformers India. "CG Power Systems Indonesia (CG Indonesia) has bagged an order from Indonesian state utility PT PLN (Persero) for manufacture and supply of 25 units' Power Transformers valued at IDR 334 billion," the company said.