TD Power Systems (TDPS) has entered into a Build-to-Print Manufacturing Framework Agreement with Siemens Energy, Inc. (Siemens Energy), pursuant to which TDPS will manufacture and supply 2-pole Generators in accordance with Siemens Energy's designs, drawings and specifications.
This Framework Agreement represents a significant long-term manufacturing partnership for TDPS. The key benefits expected are: (i) a committed 10-year manufacturing program providing long-term revenue visibility and business stability; (ii) enhanced presence in the global energy market through association with a leading global energy technology company; (iii) enhancing TDPS's manufacturing capacity and technical capabilities; (iv) opportunities to strengthen TDPS's build-to-print manufacturing expertise in high-specification generator technology; and (v) expected contribution to TDPS's revenue and profitability over the term of the agreement through Purchase Orders to be issued by Siemens Energy from time to time.
TD Power Systems is one of the leading manufacturers of AC Generators in the world with products in the output range of 1 MW to 200 MW for prime movers, such as steam turbines, gas turbines, hydro turbines, diesel engines, gas and wind turbines.
| Company Name | CMP |
|---|---|
| Havells India | 1265.00 |
| Apar Industries | 16856.95 |
| Suzlon Energy | 46.76 |
| Siemens | 3923.50 |
| ABB India | 7412.00 |
| View more.. | |
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