TD Power Systems Seals 10-Year Siemens Energy Manufacturing Deal
By ThePip Desk
TD Power Systems secures a 10-year manufacturing agreement with Siemens Energy for 2-pole Generators, boosting global presence and revenue visibility.
TD Power Systems (TDPS) has finalized a significant Build-to-Print Manufacturing Framework Agreement with Siemens Energy, Inc., establishing TDPS as a manufacturer and supplier of 2-pole Generators. This long-term partnership will see TDPS producing generators according to Siemens Energy’s specific designs and specifications.
A Decade of Strategic Manufacturing
The agreement, a cornerstone of TDPS’s long-term strategy, is set to deliver several key advantages for the Indian manufacturer, ensuring stability and market expansion.
- A 10-year manufacturing program ensures long-term revenue visibility and robust business stability.
- TDPS gains an enhanced presence in the global energy market through its association with a leading global energy technology company.
- The partnership will boost TDPS’s manufacturing capacity and technical capabilities.
- It provides opportunities to strengthen TDPS’s build-to-print manufacturing expertise in high-specification generator technology.
- The collaboration is expected to contribute significantly to TDPS’s revenue and profitability throughout the agreement’s duration via issued Purchase Orders.
TDPS’s Global Generator Footprint
TD Power Systems already stands as a prominent global manufacturer of AC Generators, recognized for its diverse product portfolio.
Its generators offer an output range from 1 MW to 200 MW, designed for various prime movers, including:
- Steam turbines
- Gas turbines
- Hydro turbines
- Diesel engines
- Gas
- Wind turbines
This strategic alliance positions TDPS for sustained growth and technological advancement, solidifying its role within the global energy sector by leveraging Siemens Energy’s extensive market reach and its own specialized manufacturing capabilities.