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Quality Power to acquire 100% of Winwin Speciality Insulators Limited



Posted On : 2026-06-11 21:30:00( TIMEZONE : IST )

Quality Power to acquire 100% of Winwin Speciality Insulators Limited

Quality Power Electrical Equipments Limited ("Quality Power" or "the Company") (NSE: QPOWER | BSE: 544367) today announced that it executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators Limited ("WSIL"), a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators. The transaction is subject to customary due diligence, statutory and regulatory approvals, and other closing conditions, and is expected to be completed within three months.

The acquisition strengthens Quality Power's high-voltage product portfolio at a time when global capital deployment into transmission networks, substations, HVDC corridors, renewable-energy evacuation and grid modernization is accelerating.

A strategic manufacturing platform

WSIL owns and operates a fully automated insulator manufacturing facility in the Atchutapuram Special Economic Zone near Visakhapatnam, Andhra Pradesh. The facility is capable of manufacturing high-voltage ceramic insulators up to 1200 kV, with an installed capacity of approximately 18,000 MTPA, as well as polymeric insulators up to 400 kV, produced to IEC, ANSI and IS standards. It is situated on approximately 47.7 acres within a prime industrial corridor, with strategic access to both Visakhapatnam Port and Gangavaram Port.

The facility has been modernized with European-origin process technology, automated manufacturing systems and disciplined quality controls spanning every critical production stage: raw material preparation, batching, milling, ageing, forming, drying, firing, grinding, assembly and testing. It is engineered to deliver consistent ceramic body quality, mechanical strength, dimensional reliability and sustained long-term field performance.

Its SEZ location confers meaningful logistical and fiscal advantages, including duty-efficient import of machinery, raw materials and consumables, export-oriented infrastructure, and proximity to two major ports. The scale of the land parcel further provides significant headroom for phased capacity expansion.

A heritage brand with over six decades of legacy

The plant carries forward the legacy of the WS Insulators brand, one of India's most established names in electroporcelain insulators, with origins dating back to 1961, when the business was incorporated as WS Insulators of India. Across more than six decades, the brand has served utilities, OEMs and EPC customers across approximately 55 countries, building a product heritage spanning suspension, solid core, hollow, pin and disc insulators.

In high-voltage ceramic insulators, customer approvals, type-test records, field-performance history and long-term utility qualifications represent critical and time-intensive barriers to entry. The acquisition provides Quality Power with direct access to this established qualification footprint, accumulated over a brand history of more than 60 years.

Commenting on the proposed acquisition, Mr. Bharanidharan Pandyan, Joint Managing Director, Quality Power Electrical Equipments Limited, said: "Winwin Speciality Insulators brings together what cannot be built overnight: a high-voltage insulator manufacturing platform, the legacy of the WS Insulators brand built over six decades since 1961, global product qualifications, and a substantial industrial land parcel in one of India's most strategic port-linked manufacturing corridors. Its automated systems and European-origin process technology provide a strong foundation on which to build a world-class insulator business. As the world invests heavily in grid expansion, renewable integration and HVDC infrastructure, we believe insulators will become an important strategic growth area for the Company."

Shares of Quality Power Electrical Equipments Limited was last trading in BSE at Rs. 1158.05 as compared to the previous close of Rs. 1128.60. The total number of shares traded during the day was 17626 in over 706 trades.

The stock hit an intraday high of Rs. 1175.00 and intraday low of 1114.40. The net turnover during the day was Rs. 20361191.00.

Source : Equity Bulls

Keywords

QualityPowerElectricalEquipments INE0SII01026 HeavyElectricalEquipment Acquisition WinwinSpecialityInsulators