Turbo Power Systems Inc Chiltern Railways order for Static Converters

TIDMTPS

Turbo Power Systems Inc

06 August 2012

6th August 2012

Turbo Power Systems Inc.

Chiltern Railways order for Static Converters

Turbo Power Systems ("TPS"), the innovative electrical machines and electronic systems provider, is pleased to announce the award of a contract from Chiltern Railways for the design and manufacture of Static Converter units. The units will replace existing Motor Alternator Sets ("M/A Sets") on Chilterns Railways' fleet of InterCity Mk3 coaches. The value of the contract is GBP820,000 with delivery of the first unit due in 2013 and scheduled for completion in 2014.

The Mk3 currently use M/A Sets to provide on-train electrical supplies to supplement the 800V DC supply from the rail track. TPS believe that the Static Converter units selected by Chiltern Railways, designed and built by TPS, materially lower maintenance costs as compared to M/A Sets by generating the required electrical supply by means of power electronics and avoiding moving parts.

TPS has entered into discussions with other owners and operators of Mk3 coaches in respect of potentially upgrading existing M/A Sets to Static Converters.

For further information, please contact:

 
 Turbo Power Systems         Tel: +44 (0)20 8564 4460 
  Inc. 
 Carlos Neves 
 
 FinnCap                     Tel: +44 (0)20 7600 1658 
 Marc Young/Henrik Persson 
 
 
   Kreab Gavin Anderson (PR)          Tel: +44 (0)20 7074 1800

Robert Speed/Georgia Lewis

This information is provided by RNS

The company news service from the London Stock Exchange

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