Quality Power secures Strategic 4-Year Framework Order from Israeli Company for 161kV High Voltage Coil Supply

BSE & NSE listed Quality Power Electrical Equipments Limited (QPEEL) (BSE: 544367; NSE: QPOWER), is pleased to announce that it has been awarded a significant four-year framework agreement by a leading Israeli company for the phased supply of 161kV high-voltage coil products. Valued at approximately INR 20 crore, the contract further solidifies Quality Power's reputation as a reliable global supplier in the high-voltage equipment market.

This agreement follows a series of deliveries by Quality Power to the customer over the past three years, reaffirming the company's technical expertise, quality, and adherence to international standards. Execution of the contract will commence in the third quarter of FY 2025-26 and continue through FY 2029-30.

Speaking on the development, Mr. Vivek Moroney, President - Operations at Quality Power, stated: "This new framework is a forward-looking opportunity to deepen our engagement in the Israeli market."

In a notable development, this order also marks the inclusion of coupling capacitors manufactured by Mehru Electrical & Mechanical Engineers Pvt. Ltd.-a recently acquired subsidiary of Quality Power. This milestone further highlights the synergies within the group.

The project will be executed using Quality Power's existing manufacturing facilities, ensuring efficient capacity utilization. This strategic approach is expected to support stable margins and sustained operational performance over the duration of the agreement.

The repeat order serves as a strong endorsement of the company's focus on delivering customer-driven solutions. It also supports Quality Power's strategic vision for international expansion, especially in highperformance sectors where reliability and regulatory compliance are paramount.

With this order, Quality Power continues to build momentum in international markets and reinforce its position as a trusted partner for high-voltage infrastructure solutions worldwide.

Shares of Quality Power Electrical Equipments Limited was last trading in BSE at Rs. 367.55 as compared to the previous close of Rs. 362.90. The total number of shares traded during the day was 63876 in over 1534 trades.

The stock hit an intraday high of Rs. 374.30 and intraday low of 352.05. The net turnover during the day was Rs. 23591898.00.

Source : Equity Bulls

Keywords

QualityPowerElectricalEquipments INE0SII01026 HeavyElectricalEquipment 4Year FrameworkOrder IsraeliCompany OrderWin