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

Quality Power Electrical Equipments Ltd. (BSE: 544367; NSE: QPOWER), a global 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 leading utility in the United Arab Emirates and a Fortune 500 customer. The order includes the supply of both Dry-Type and Oil-Filled Shunt Reactors, engineered using the company's proprietary Dry-Q technology. The equipment will be manufactured and delivered over the next year from Quality Power's global manufacturing hub in Sangli, India.

This order strengthens Quality Power's reputation 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.

Commenting on the development, Mr. Waingankar, Head of Coil Product Sales at Quality Power, stated: 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."

He further added, "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."

With this development, Quality Power continues to build on its robust global presence and technical leadership in high-voltage power components, offering critical solutions for grid reliability and sustainable energy infrastructure worldwide.

Shares of Quality Power Electrical Equipments Limited was last trading in BSE at Rs. 769.55 as compared to the previous close of Rs. 778.25. The total number of shares traded during the day was 280698 in over 12697 trades.

The stock hit an intraday high of Rs. 835.00 and intraday low of 741.00. The net turnover during the day was Rs. 222950937.00.

Source : Equity Bulls

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