BSE & NSE listed Quality Power Electrical Equipments Limited (QPEEL) (BSE: 544367; NSE: QPOWER) has secured a notable order for the supply of reactors for Power Transmission – Coil Products for Flexible AC Transmission Systems (FACTS) application. The project supports renewable energy integration into the grid, in line with India’s growing focus on a more sustainable and resilient energy infrastructure.
This is the second consecutive order from the same client within a span of four months, underscoring Quality Power’s strong execution capabilities and expertise in delivering technically complex solutions at scale.
Order overview:
· Order Value: Basic Ex warehouse (EXW) value of approx. ₹19.7 Crores
· Industry and application segment: “Power Transmission /Coil Products for FACTS application in Renewable Energy Integration”
· Scope: Supply of Reactors
· Nature of the Order: Single large order
Commenting on the order win, Manu S. Achuthan, Chief Marketing Officer, Quality Power Electrical Equipments Ltd, said: “Ever since we concluded the IPO, Quality Power has been moving from strength to strength. This repeat order from a Fortune 500 client reflects their confidence in our technical capabilities and execution excellence. It further affirms our consistent performance in the FACTS space, especially in Tariff Based Competitive Bidding (TBCB)-awarded grid integration projects.”
He added: “The win is a manifestation of the company’s growing presence in the High-Voltage Direct Current (HVDC) and FACTS sectors, enhancing its credibility for similar opportunities in India and globally. Besides, India’s HVDC and FACTS space has tremendous headroom with the government creating multiple opportunities. The recent surge in domestic orders ensures that there is zero impact due to tariff turmoil globally. Additionally, we expect to secure new component orders from group businesses in due course, aligned with the same project pipeline.” He further expressed: “Despite global uncertainties around tariff regimes, we continue to see strong demand across key geographies. Just this week, we received a major order from the US, adding to recent wins from the UK, Iraq, and Finland. As a trusted component partner for high-voltage systems worldwide, we believe our unique positioning and global capacity constraints will shield us from any tariff-related headwinds”.
Execution Timeline: Estimated delivery within 15–18 months
Revenue Recognition: Scheduled in phases starting Q3 of FY 2025–26
Capacity & Resources: No additional investment or hiring required; existing facilities are sufficient for the execution
Strategic Relevance
Alignment with Business Strategy: The order reinforces Quality Power’s leadership position in South Asia and showcases sustained client trust in the company’s ability to deliver on technically demanding, large-scale projects.
Comparative Significance: The order continues the company’s strong performance in TBCB-awarded grid integration FACTS projects, having secured every tender in this segment over the past year.
This achievement is aligned with Quality Power’s domestic growth strategy and its commitment to supporting India’s energy transition through advanced grid technologies helping the company mitigate exposure to global tariff volatility.
About Quality Power:
Quality Power is a leading manufacturer of high-voltage electrical equipment and solutions, providing Reactors, Transformers, Line traps, FACTS and Power Quality solutions. With multiple manufacturing facilities in India and Turkey, the Company has installations in over 100 plus countries for equipment upto 765kV systems. Quality Power was listed on the Bombay Stock Exchange and National Stock Exchange on 24th February 2025.
