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TD Power Systems Secures Prestigious Order from NPCIL for Kudankulam Project

Written by: Team Angel OneUpdated on: Jan 20, 2025, 2:24 PM IST
TD Power Systems has received a ₹57 crore order from NPCIL to supply customised induction motors for the Kudankulam plant.
TD Power Systems Secures Prestigious Order from NPCIL for Kudankulam Project
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TD Power Systems Limited (TDPS) has announced an exciting development, securing a significant order valued at ₹57 crore from the Nuclear Power Corporation of India Limited (NPCIL). This contract showcases TDPS’s commitment to technological excellence and its alignment with India’s Make in India initiative.

Shares of TD Power were trading marginally lower by 0.49% as of 10:17 am on January 20, 2025. The stock reached an intraday high of ₹417.25 on the NSE.

Key Details of the Order

The order entails the supply of advanced induction motors tailored for the Kudankulam nuclear power plant. Key highlights of the project include:

  1. Customised Design:
    The motors will replace existing high-speed imported motors equipped with reduction gearboxes. Designed to specific requirements, these low-speed motors will meet stringent weight and seismic criteria.
  2. Advanced Features:
    The motors will feature titanium tube heat exchangers for enhanced durability and will be adapted to fit the existing base frame and coupling requirements.
  3. Timeline:
    Delivery, erection, and commissioning of the motors are planned for FY 2025-26 and 2026-27.

Commitment to Local Manufacturing

This prestigious order reinforces TDPS’s technological prowess and its dedication to supporting India’s energy infrastructure. As part of the Make in India initiative, this collaboration reflects a step forward in reducing dependency on imported components by providing locally manufactured solutions.

Transparency in Dealings

TDPS has confirmed that the order does not involve any related party transactions, ensuring transparency in its operations. The order was awarded by NPCIL, an Indian entity, further cementing the trust and reputation TDPS holds in the industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 20, 2025, 2:24 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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