Quality Power Secures Strategic Order for FACTS Application in Renewable Energy Integration

BSE & NSE listed Quality Power Electrical Equipments Limited (QPEEL) (BSE: 544367; NSE: QPOWER) has secured a notable order for the supply of reactors for Power Transmission - Coil Products for Flexible AC Transmission Systems (FACTS) application. The project supports renewable energy integration into the grid, in line with India's growing focus on a more sustainable and resilient energy infrastructure.

This is the second consecutive order from the same client within a span of four months, underscoring Quality Power's strong execution capabilities and expertise in delivering technically complex solutions at scale.

Order overview:

- Order Value: Basic Ex warehouse (EXW) value of approx. ₹19.7 Crores

- Industry and application segment: "Power Transmission /Coil Products for FACTS application in Renewable Energy Integration"

- Scope: Supply of Reactors

- Nature of the Order: Single large order

Commenting on the order win, Manu S. Achuthan, Chief Marketing Officer, Quality Power Electrical Equipments Ltd "Ever since we concluded the IPO, Quality Power has been moving from strength to strength. This repeat order from a Fortune 500 client reflects their confidence in our technical capabilities and execution excellence. It further affirms our consistent performance in the FACTS space, especially in Tariff Based Competitive Bidding (TBCB)-awarded grid integration projects."

He added: "The win is a manifestation of the company's growing presence in the High-Voltage Direct Current (HVDC) and FACTS sectors, enhancing its credibility for similar opportunities in India and globally. Besides, India's HVDC and FACTS space has tremendous headroom with the government creating multiple opportunities. The recent surge in domestic orders ensures that there is zero impact due to tariff turmoil globally. Additionally, we expect to secure new component orders from group businesses in due course, aligned with the same project pipeline." He further expressed: "Despite global uncertainties around tariff regimes, we continue to see strong demand across key geographies. Just this week, we received a major order from the US, adding to recent wins from the UK, Iraq, and Finland. As a trusted component partner for high-voltage systems worldwide, we believe our unique positioning and global capacity constraints will shield us from any tariff-related headwinds".

Operational & Financial Impact

Execution Timeline: Estimated delivery within 15-18 months

Revenue Recognition: Scheduled in phases starting Q3 of FY 2025-26

Capacity & Resources: No additional investment or hiring required; existing facilities are sufficient for the execution

Shares of Quality Power Electrical Equipments Limited was last trading in BSE at Rs. 307.50 as compared to the previous close of Rs. 273.70. The total number of shares traded during the day was 45120 in over 1670 trades.

The stock hit an intraday high of Rs. 314.95 and intraday low of 276.15. The net turnover during the day was Rs. 13360782.00.

Source : Equity Bulls

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