CG Power Shares Surge 7% on Securing Rs 900 Crore US Data Centre Order

• CG Power & Industrial Solutions shares jumped 7% after winning a Rs 900 crore (USD 99.2 million) order from Tallgrass Integrated Logistics Solutions LLC, USA.
• The order is for a large-scale data centre project in the United States, marking CG Power's entry into the global data centre segment.
• This is CG Power's largest single direct export order ever for the supply of power transformers.
• The company will supply power transformers designed for the stringent reliability and efficiency needs of hyperscale data centres.
• The order is scheduled for execution over a delivery period of 12 to 20 months.

Why It Matters: CG Power's shares surged after securing a significant US data centre order, marking its global segment entry.