CG Power shares up 7% on winning Rs 900 crore US data centre order

CG Power & Industrial Solutions

CG Power & Industrial Solutions share price rose 7 percent in the opening trade on January 19 after the company secured a landmark order worth Rs 900 crore (USD 99.2 million) from Tallgrass Integrated Logistics Solutions LLC, USA, for a large-scale data centre project in the United States.

At 09:21am, CG Power and Industrial Solutions was quoting at Rs 605.30, up Rs 43.45, or 7.73 percent, on the BSE.

In its release, the company said the order marks its entry into the global data centre segment and is the largest single direct export order ever won by CG Power for the supply of power transformers.

Under the contract, CG Power will supply power transformers engineered to meet the stringent reliability, efficiency and uptime requirements of hyperscale data centre applications.

The order is scheduled to be executed over a delivery period of 12 to 20 months.

“This landmark order from Tallgrass is a strategic platform win for CG and marks our entry into the rapidly growing global data center vertical. It validates our capability to deliver globally benchmarked, mission-critical technology solutions from India, and reinforces our position as a trusted global partner in applications where reliability and performance are non-negotiable," said Amar Kaul, Global CEO & Managing Director.

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A meeting of the board of directors of the company is scheduled to be held on January 27, 2026, to consider and approve the unaudited financial results, on standalone as well as consolidated basis, for the nine months and quarter ended 31st December, 2025.

In the previous trading session, the share closed at Rs 561.85, down Rs 15.10, or 2.62 percent.

The share touched a 52-week high of Rs 797.75 and a 52-week low of Rs 518.35 on 17 September, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 29.57 percent below its 52-week high and 8.39 percent above its 52-week low.

The market capitalisation of the company stands at Rs 88,484.50 crore.