Rs 517 Crore Orders in Hand: Power Transmission Company Secures Strategic 4-Year Framework Order of Rs 20 Crore from Israeli Company

The company has a market cap of over Rs 2,800 crore and has orders in hand of over Rs 517 crore.

Quality Power Electrical Equipments Limited (QPEEL), listed on both the BSE (544367) and NSE (QPOWER), has secured a significant four-year framework agreement. This strategic order comes from a leading Israeli company and involves the phased supply of 161kV high-voltage coil products. Valued at approximately Rs 20 crore, the contract reinforces Quality Power's standing as a dependable global supplier in the high-voltage equipment market and strengthens its international footprint.

This new agreement builds upon a successful three-year history of deliveries by Quality Power to the same Israeli customer, underscoring the company's proven technical expertise, commitment to quality, and adherence to international standards. The execution of this substantial contract is slated to begin in the third quarter of Fiscal Year 2025–26 and will continue through Fiscal Year 2029–30.

About the Company

Quality Power stands as a leading global manufacturer of high-voltage electrical equipment and solutions. They offer a comprehensive range of products, including Reactors, Transformers, Line traps, FACTS, and Power Quality solutions. With multiple manufacturing facilities strategically located in both India and Turkey, the company boasts an impressive international footprint, having installed equipment in over 100 countries for systems operating up to 765kV.

The company has a market cap of over Rs 2,800 crore and has orders in hand of over Rs 517 crore. The stock is up by 38.3 per cent from its 52-week low of Rs 270.60 per share.

Disclaimer: The article is for informational purposes only and not investment advice.