CG Power and Industrial Solutions Limited announced at the board meeting held on January 28, 2025, approved Considering the long-term demand in market along with Company's scope of increasing its sales in domestic market and penetrate export markets in selected geography, approval of the Board has been granted for establishing the Green Field Transformer manufacturing facility of 45000 MVA capacity in Western India at an estimated cost of INR 7,120 million (net of taxes) . The project will be primarily funded through internal accruals, equity or debt or a combination of it and is expected to be completed in Fiscal Year 2027- 28.