Quality Power's Subsidiary Secures Rs 75.19 Crore FACTS System Orders from European Steel Plant

1 min read     Updated on 08 Sept 2025, 08:14 PM
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Shriram ShekharScanX News Team
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Overview

Quality Power Electrical Equipments Limited's subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has received two significant orders for Flexible AC Transmission Systems (FACTS) from a European customer. The combined value of these orders is approximately Rs 75.19 crore. The FACTS systems will be supplied to a steel plant in Europe, with delivery expected over the next year. This development marks a notable business achievement for the company in the international power systems market.

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*this image is generated using AI for illustrative purposes only.

Quality Power Electrical Equipments Limited announced that its material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has secured two significant orders for Flexible AC Transmission Systems (FACTS) from a European customer. The combined value of these orders amounts to approximately Rs 75.19 crore, marking a notable business development for the company in the power systems sector.

Order Details

The orders, received by ENDOKS ENERJİ ANONİM ŞİRKETİ, are for the supply of FACTS systems to a steel plant in Europe. While the specific customer remains undisclosed due to European General Data Privacy Regulations, the company has provided key details about the contract:

  • Nature of Orders: Two large orders for FACTS system supply
  • Total Order Value: Approximately Rs 75.19 crore
  • Execution Timeline: Estimated delivery over the next year
  • Customer: European entity (specific details undisclosed)

Significance of the Orders

These orders represent a significant milestone for Quality Power's subsidiary in the international market. FACTS systems are advanced power electronic solutions that enhance controllability and increase power transfer capability in electrical networks. Their application in a steel plant underscores the growing demand for efficient and flexible power transmission solutions in energy-intensive industries.

Company Disclosure

Quality Power Electrical Equipments Limited disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has assured that the order details have been updated on the SDD software and will be available on the company's official website.

Market Impact

This development is expected to strengthen Quality Power's position in the international power systems market. The substantial order value indicates the company's capability to secure large-scale projects and its growing presence in the European market.

As the power sector continues to evolve with a focus on efficiency and flexibility, Quality Power's success in securing these orders for FACTS systems demonstrates its alignment with current market demands and technological advancements in the industry.

Investors and stakeholders will likely watch closely how this development impacts the company's financial performance and market position in the coming quarters.

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Quality Power Co Secures ₹34.75 Crore Order from Abu Dhabi Transmission Company

1 min read     Updated on 08 Aug 2025, 12:19 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

Quality Power Electrical Equipments Ltd. has won a ₹34.75 crore order from Abu Dhabi Transmission Company for Dry-Type and Oil-Filled Shunt Reactors. The equipment, using proprietary Dry-Q technology, will be manufactured in Sangli, India. This order strengthens Quality Power's presence in the UAE market, where they have previously delivered coil products up to 230kV. The company secured the order despite competition from European and Chinese manufacturers, citing their technical capability and project performance. Quality Power also notes a global surge in demand for coil products, particularly in the U.S. market.

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*this image is generated using AI for illustrative purposes only.

Quality Power Electrical Equipments Ltd. , a leading provider of high-voltage power products and power quality solutions, has secured a significant order valued at approximately ₹34.75 crores from Abu Dhabi Transmission Company, a major utility in the United Arab Emirates.

Order Details

The order includes the supply of both Dry-Type and Oil-Filled Shunt Reactors, engineered using Quality Power's proprietary Dry-Q technology. This equipment will be manufactured and delivered over the next year from the company's global manufacturing hub in Sangli, India.

Strategic Importance

This order reinforces Quality Power's position as a trusted partner in the UAE, a region where the company has successfully delivered coil products up to 230kV, including for the prestigious UAE HVDC interconnection project.

Mr. Waingankar, Head of Coil Product Sales at Quality Power, commented on the development: "Despite stiff competition from European & Chinese manufacturers, we secured this order at healthy margins, thanks to our proven technical capability, established project performance, and focus on long-term reliability. The UAE has consistently chosen us for critical grid applications, and we're proud to deepen our presence in this demanding and quality-conscious market."

Global Market Trends

Mr. Waingankar also highlighted broader market trends, stating, "Globally, we're witnessing a surge in demand for coil products across various geographies, not limited to HVDC and FACTS applications. In particular, the U.S. market has shown exponential growth in enquiries, driven by demand-supply mismatches, despite ongoing tariff challenges."

Company Overview

Quality Power Electrical Equipments Ltd. is a publicly listed Indian multinational specializing in high-voltage power equipment and advanced power quality solutions. With installations in over 100 countries, the company serves both utilities and industries in their pursuit of grid stability, operational efficiency, and network reliability.

Operating from state-of-the-art manufacturing facilities certified to ISO 9001, ISO 14001, ISO 45001, and ISO/IEC 17025, Quality Power delivers engineered products up to 765 kV. Its portfolio plays a critical role in supporting the global energy transition through innovative and dependable high-voltage infrastructure.

This latest order from Abu Dhabi Transmission Company further solidifies Quality Power's position in the global market for high-voltage power components, offering critical solutions for grid reliability and sustainable energy infrastructure worldwide.

Historical Stock Returns for Quality Power Electrical Equipments

1 Day5 Days1 Month6 Months1 Year5 Years
+3.11%+7.59%+20.83%+175.85%+144.99%+144.99%
Quality Power Electrical Equipments
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