Electrical equipment maker Crompton Greaves, part of the Rs.21,164.02 crore ($4 billion ) Avantha Group, is setting up a greenfield plant in Jigani Industrial Area, Bangalore. The plant, which will be operational by this year-end, will produce intelligent electronic devices (IEDs) which are critical in the control and monitoring of power systems. This might be termed as India's smart grid initiative as per the company.
It will also assemble control and relay panels using these IEDs, complying
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