Quality Power Electrical Equipments Ltd Receives Letter of Intent for Air Core Reactor Supply

Quality Power Electrical Equipments Ltd has received a Letter of Intent for the supply of Air Core Reactor for FACTS Application. The order is worth approximately INR 11.00 Crores (Excluding GST) and is to be executed within 12 months. The entity awarding the Letter of Intent is domestic and there is no related party transaction involved. The details of the agreement are not disclosed due to the Non-Disclosure order(s)/contract(s) with the entity.