Award1 Oct 2026, 11:46 am
TD Power Systems Subsidiary Secures ₹192 Cr Generator Order
AI Summary
TD Power Systems Ltd announced that its subsidiary, TDPS USA, has received a significant order valued at approximately ₹192 crores from a leading Multinational Corporation. The order is for the supply of TDPS design 2-Pole generators for gas turbine applications, to be installed in the United States. Deliveries are scheduled between August 2027 and January 2028. This marks a strategic entry for TDPS into the global 2-Pole generator market with its proprietary design. The company confirmed that neither its promoters nor promoter group have any interest in the awarding multinational corporation, and it is not a related party transaction.
Key Highlights
- Subsidiary TDPS USA secures a major order worth ₹192 crores.
- Order is for TDPS design 2-Pole generators for gas turbine applications.
- Generators to be installed in the United States, deliveries in 2027-2028.
- Significant foray into the global 2-Pole generator market.
- Transaction is not with a related party.
Price Impact
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