TD Power Systems Ltd

TD Power Systems Ltd

TD Power Systems Ltd is one of the leading manufacturers of AC Generators with the capability to manufacture generators with output capacities ranging from 1MW - 52MW for prime movers such as steam turbines gas turbines hydro turbines wind turbines diesel and gas engines. The Company has a diverse product range which includes steam turbine generators horizontal hydro generators vertical hydro generators diesel engine generators wind turbine generators gas engine generators gas turbine generators high voltage motors and generators for Geo Thermal and Solar thermal applications. The Company focus on manufacturing engineered-to-order generators for customers who are based across the world. It has so far manufactured a total of 1759 generators with an aggregate output capacity of 14750 MW of which 274 generators have been supplied to customers across 38 countries.The company one subsidiary company namely DF Power Systems Pvt Ltd which is engaged in the business of Engineering Procurement and Construction executing Boiler-Turbine Generator island projects and the balance of plant portion for steam turbine power plants with output capacity from 52 MW up to 150 MW. The company's customer base primarily comprises companies operating in the industrial sector and includes cement steel paper chemical metals sugar co-generation bio-mass power plants hydro-electric power plants and Independent Power Plants companies. Some of their customers include Balrampur Chini Mills Ltd Nava Bharat Ventures Ltd Chettinad Cement Corporation Ltd Shree Cements Limited and Vasavadatta Cements.The company's manufacturing facilities are located at Dabaspet Industrial Area on the outskirts of Bangalore. The manufacturing facilities are equipped with advanced machinery and equipment and are ISO 9001:2008 compliant. They have one branch office in Japan. TD Power Systems Ltd was incorporated on April 16 1999 as a private limited company with the name TD Power Systems Pvt Ltd. In February 6 2001 the company entered into technical assistance license and transfer agreement with Toyo Denki. They commenced business providing TG project solutions.In August 2001 the company forayed into manufacturing of generators up to 30 MW under a license from Toyo Denki Seizo K.K. a leading manufacturer of power and electric equipments located in Japan. In July 2002 they dispatched the first 34MW AC Generator to Thailand and in August 2007 they supplied the first 8MW AC Generator to Siemens Ltd Baroda.In April 6 2007 as part of the projects business the company successfully commissioned their biggest project for 32MW. In July 2007 the company granted a limited license to General Electric Company USA to manufacture generators using the company's design for the Brazilian market and if on a co-manufacturing basis to other countries in Central and South America.In July 23 2007 the company entered Production Technology Transfer Agreement with Sicme Motori SrL. In November 25 2007 they executed the first overseas project in Uganda by commissioning a 16.5 MW steam turbine plant. In September 4 2008 the company entered purchase framework agreement and license agreement with Siemens AG. In September 22 2008 the company subscribed 350000 equity shares of DF Power Systems Pvt Ltd pursuant to which DF Power became a subsidiary company.In May 12 2009 the company entered Product Development Cooperation and Manufacturing Agreement with Voith Hydro Holding GmbH & Co.KG for jointly developing electric generators. In March 31 2010 they entered Manufacturing Agreement with Toshiba Mitsubishi-Electrical Industrial Systems Corporation.During the year 2010-11 the Company completed its Initial Public Offering (IPO) of 8867187 Equity Shares of Rs.10/- each through Book Building process. The Issue was priced at Rs. 256/- per Share and raised Capital aggregating to Rs.22700 lakhs. The Company's shares were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on September 8 2011.During FY 2013-14 the Company's new facility (Unit 2 Shop 3) located at Dabaspet Bangalore for the production of large Generators was commissioned on April 25 2014.