TD Power Bags Order From An European MNC Worth INR 7500 Million
TD Power Systems Limited (TDPS) has received an order from a large European multinational company (MNC) in India for manufacture & supply of certain components (Product) of traction motors used in Electric Locomotives to be supplied to Indian Railways by the MNC. The total order value is about INR 7500 million to be supplied over 10 years starting from 2018.
The MNC will also provide the required technology for manufacture of the Product under License through its Affiliate Company.With this contract TDPS affirms its position as a growing market player in the traction equipment business.
- Bagged By:
- Region:Southern India
- Industry:Transport Equipment
- Value:INR 7500 Million
- Published On:2017-07-25