Deals16 May 2025, 06:52 pm
Quality Power Secures Strategic 4-Year Framework Order from Israeli Company for 161kV High Voltage Coil Supply
AI Summary
BSE & NSE listed Quality Power Electrical Equipments Limited 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. 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. The project will be executed using Quality Power’s existing manufacturing facilities, ensuring efficient capacity utilization and supporting stable margins and sustained operational performance over the duration of the agreement.
Key Highlights
- 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.
- 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.