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Quality Power Electrical Equipments LimitedUpdates, 15-04-2025: Press Release

15-04-2025 · 01:24 pm

Quality Power Electrical Equipments Limited has secured a significant order for the supply of reactors aimed at Power Transmission for Flexible AC Transmission Systems (FACTS) applications, valued at approximately ₹19.7 Crores. This order, awarded by a domestic entity, is notable as it marks a repeat contract from a Fortune 500 client within just four months, showcasing the company's execution capabilities. The project is aligned with India’s renewable energy integration goals and is expected to be delivered within 15–18 months. Revenue recognition for this order will occur in phases starting in Q3 of FY 2025–26, using existing facilities without the need for additional investment. This win reinforces Quality Power's leadership in the sector and is aligned with its strategy to mitigate global tariff volatility and support India’s energy transition through advanced grid technologies. Investors should view this development positively, given the company's strong performance in the FACTS segment and the growing demand for its solutions.

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