Quality Power Secures INR 57 Crore Reactor Supply Orders
Filing Summary
Quality Power Electrical Equipments Ltd has received multiple conditional orders for the supply of reactors, including the 800 KV HVDC class. The orders, valued at approximately INR 57 Crores inclusive of taxes, are from a domestic entity. The execution period for these orders is approximately 18 months. The orders are subject to customer approval, and no related party transactions are involved. The entity awarding the orders remains undisclosed due to a non-disclosure agreement. This update complies with SEBI Listing Regulations and has been recorded on the company’s website.
Quality Power Electrical Equipments Ltd has announced the receipt of multiple conditional orders for the supply of reactors, including the 800 KV HVDC class. The orders have been awarded by a domestic entity, although the identity of the entity remains undisclosed due to a non-disclosure agreement. The total gross value of these orders is approximately INR 57 Crores, inclusive of taxes.
The orders are conditional and subject to customer approval. The execution timeline for these orders is approximately 18 months. These orders do not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the orders.
Quality Power Electrical Equipments Ltd specializes in the manufacture and supply of electrical equipment, focusing on reactors and transformers. The company is committed to expanding its product offerings and enhancing its market presence in the electrical equipment sector.