PT Crompton Prima Switchgear Indonesia
The First High Voltage and Extra High Voltage Air-Insulated Switchgear Factory in Indonesia

Time Line

PT Crompton Prima Swicthgear Indonesia


Groundbreaking Ceremony

Groundbreaking Ceremony, Cikande, 2 November 2015

From left to right:
Hemant Lakhotiya (CG), Zainal Abidin Sihite (PLNE), Supangkat Iwan Santoso (PLN), Nasri Sebayang (PLN), Jean Michel Aubertin (CG), Srinivasan M.S. (CPSI)
Nov 2015


MOU between PLN and CG dated June 8, 2012

June 2012

Sponsorship Agreement

Sponsorship Agreement between PLN and CG dated February 8, 2013

February 2013

Shareholder Agreement

Shareholder Agreement between PT PLN Enjiniring (a subsidiary of PLN) and CG International Holdings Singapore Pte. Ltd. (a subsidiary of CG), dated May 2, 2013

May 2013

Joint Venture Agreement

Joint Venture Agreement between PLNE and CGS dated May 2, 2013

May 2013

Company Establishment

Company Establishment by Notarial Deed dated May 7, 2014 (Ratified by Kemenhukham dated May 12, 2014)

May 2014

Purchase Agreement

Purchase Agreement between CPSI and PT PLN (Persero) dated June 24, 2014

• Guaranteed PLN purchase of up to 49% of PLN’s RKAP for the first 5 years of CPSI operations.

• On top of 49% guaranteed purchase, CPSI is eligible to participate in open tender of PLN.

June 2014

Technical Know-How Agreement

Technical Know-How Agreement between CPSI and CG dated September 29, 2014

• Technology transfer from CG to CPSI in a 5-years roadmap

• CPSI shall pay technology fee and royalty to CG

• Management of patents and other intellectual properties

Sept 2014