TD Power Systems Secures 10-Year Build-to-Print Manufacturing Framework with Siemens Energy
TD Power Systems Limited (TDPS) has entered into a Build-to-Print Manufacturing Framework Agreement with Siemens Energy, Inc., establishing a significant long-term partnership in the global energy market. The agreement mandates that TDPS will manufacture and supply 2-pole Generators strictly according to the designs, drawings, and specifications provided by Siemens Energy.This international framework agreement commenced on August 13, 2026. Under the terms of the contract, business transactions will be executed through individual Purchase Orders, which will be issued based on project requirements and will prescribe delivery dates.
The partnership aims to strategically strengthen TDPS's presence in the worldwide energy sector. The anticipated benefits include securing a committed 10-year manufacturing program, enhancing TDPS's technical capabilities and manufacturing capacity, providing long-term revenue visibility, and strengthening its expertise in high specification generator technology.
Agreement Details and Scope
The core operational aspects of the framework agreement are detailed below:| Particulars | Detail |
|---|---|
| Partnering Entity | Siemens Energy, Inc. |
| Area of Agreement | Framework Agreement |
| Scope of Operations | Manufacture and supply of 2-pole Generators on a build-to-print basis according to Siemens Energy's specifications. |
| Agreement Term | 10 years from the commencement date (August 13, 2026). The term is subject to extension by an additional 24 months if mutually agreed upon by both parties. |
| Consideration Model | Individual Purchase Orders will be issued as required based on project and customer needs. |
Siemens Energy, recognized as a leading global energy technology company, encompasses the entire energy value chain. The corporation's portfolio includes conventional and renewable energy solutions, such as gas and steam turbines, hybrid power plants utilizing hydrogen, and power generators and transformers.
The partnership represents a critical manufacturing alliance for TDPS, contributing to its revenue stream and profitability through the consistent issuance of Purchase Orders by Siemens Energy over the term of the agreement.
TDPOWERSYS Stock Price Movement
Today, TD Power Systems Limited shares edged higher to close at ₹1484.6, gaining 0.57% after trading in the capital goods sector. The stock saw movement between a low of ₹1464 and an intraday high of ₹1505 during the session.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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