Dynamic Cables Signs Manufacturing Agreement with TS Conductor Corp for HTLS Conductors
Dynamic Cables Limited announced it has entered into a Manufacturing Agreement with TS Conductor Corp, a US-based entity. This strategic partnership enables Dynamic Cables Limited to manufacture High Temperature Low Sag (HTLS) Carbon Core Conductors, branded as TS® Conductor, utilizing advanced conductor technology.The agreement formalizes the manufacturing process for HTLS conductors, a product expected to play a significant role in improving grid efficiency in India.
Partnership Details and Technology Scope
The manufacturing agreement is with TS Conductor Corp, a company incorporated under the laws of the United States of America. TS Conductor specializes in developing, manufacturing, and selling composite core and composite core conductors for the electric power industry. The company is noted as the owner of the patented TS conductor technology.The core technology involves the Aluminum Encapsulated Carbon Core (AECC), which is described as significantly increasing grid capacity without requiring new infrastructure. These conductors are reported to be lighter, stronger, and capable of reducing line loss by up to 50%.
The key operational parameters of the agreement are detailed below:
| Particulars | Detail |
|---|---|
| Partner Entity | TS Conductor Corp (TS), based in Huntington Beach, California, United States of America. |
| Agreement Purpose | Manufacturing High Temperature Low Sag (HTLS) Carbon Core Conductors, marketed as TS® Conductor. |
| Nature of Agreement | DCL shall use Encapsulated Core supplied by TS or a third party authorized by TS. |
| Manufacturing Location | The agreement is for the manufacturing of TS® Conductor at Dynamic Cables Limited's facility situated in India. |
| Commercial Consideration | Dynamic Cables Limited will procure the Aluminum Encapsulated Composite Core on an arm's length basis, on mutually agreed terms. Pricing is determined by prevailing input costs, project type and size, execution timelines, and other techno-commercial factors. |
Strategic Rationale and Agreement Tenure
The agreement grants Dynamic Cables Limited a limited, non-transferable license to utilize TS Designs and Intellectual Property at its facility for manufacturing the approved HTLS conductor.The agreement is structured for a period of twelve (12) months, and it is set to automatically renew for two successive terms of 12 months each, pending the mutual consent of both TS and DCL.
From a market standpoint, the association with TS Conductor Corp is viewed as a strategic and technology alliance. Given the premium positioning of HTLS Carbon Core Conductors over conventional ACSR/AAAC conductors, the product is expected to encounter favourable demand in India over the medium to long term. The technology arrangement enables Dynamic Cables Limited to service high-growth entities, including Power Grid, State Transcos, Railways, and renewable energy developers, by offering products with a high strength-to-weight ratio and very high ampacity.
DYCL Stock Price Movement
Shares of Dynamic Cables Limited are gaining 4.39% in live trading, currently reaching ₹363.7 as of 1:30 PM. The equity shows strong momentum, having traded a total volume of 225,828 shares so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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