Crompton Greaves inches up after signing JV with Indonesian firm

The joint venture (JV) will be owned 51% by Crompton Greaves (CG) and 49% by PT Prima Layanan Nasional Enjinring (PLNE) and will be a part of CG’s global organization. (PLNE) is an engineering company owned by PLN (Perusahaan Listrik Negara), an Indonesian government-owned sole electricity utility company.

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 70 kilovolt (kV) to 500kV, and will be localized 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 high voltage (HV) and extra high voltage (EHV) Switchyard equipment, the range of SF6 circuit breakers, current transformers, inductive voltage transformers, capacitor voltage transformers and lightning arresters. 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.

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