TD Power Systems announces cancellation of order

For setting up a 45 MW power plant in north east India

TD Power Systems announced that the Company's wholly-owned subsidiary DF Power Systems (DFPS) was awarded a contract for setting up of a 45MW captive power plant in north east India valued at Rs 225 crore in February 2013. The said order was put on hold by the customer and came up for renegotiation with changes in project configuration and price.

Further the Company has informed that, the renegotiation of the above has not been successful and the order stands cancelled.

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