Quality Power Electrical Equipments Limited has announced receipt of multiple domestic purchase orders for HVDC reactors, valued at approximately INR 34 crores including taxes. The contracts, to be executed within 18 months, mark a significant milestone in the company’s growth trajectory under SEBI disclosure norms.
Quality Power Electrical Equipments Limited has formally notified the National Stock Exchange of India and BSE Limited about securing multiple domestic orders for the supply of HVDC reactors. The announcement, made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, underscores the company’s strengthening position in India’s power infrastructure sector.
Key Highlights
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Multiple purchase orders received for HVDC reactors
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Gross contract value estimated at INR 34 crores including taxes
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Execution timeline set at approximately 18 months
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Orders awarded by a domestic entity, name withheld under NDA
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No promoter or related party interest involved in the awarding entity
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Contracts confirmed as non-related party transactions
This development reflects Quality Power’s growing role in supporting India’s energy transmission ecosystem, with HVDC technology playing a crucial part in enhancing efficiency and reliability of power networks.
Source: Quality Power Electrical Equipments Limited filing with Stock Exchanges