TD Power Systems has secured a 5-year contract worth ₹300 crore with the Indian subsidiary of a major international company. This contract involves supplying traction motors to the European market, further solidifying the company’s position in the international space.
As part of the agreement, the first order valued at ₹18 crore has been received and is set for delivery in April 2025. The contract is expected to significantly contribute to the company’s growth in the coming years.
The company also confirmed that there are no related party transactions linked to this order. None of the promoters or related entities have any interests in the company awarding this contract.
This partnership marks an important step for TD Power Systems in expanding its reach in the European market.
