Business Update3 Jul 2026, 07:10 pm
Quality Power Subsidiary Secures ₹15.7 Cr Order for Transformers
AI Summary
Quality Power Electrical Equipments Ltd announced that its material subsidiary, Mehru Electrical and Mechanical Engineers Private Limited, has received multiple orders for the supply of 400 KV Instrument Transformers from Hitachi Energy India Limited. The total value of these orders is approximately INR 15.70 crores (exclusive of taxes). The execution of these orders is expected to be completed within approximately 12 months. This development signifies a significant business win for the subsidiary and contributes to the company's overall order book.
Key Highlights
- Subsidiary Mehru Electrical received multiple orders for 400 KV Instrument Transformers.
- The orders are from domestic entity Hitachi Energy India Limited.
- Total order value is approximately INR 15.70 crores (exclusive of taxes).
- Execution timeline is approximately 12 months.
- No promoter or group company interest in the awarding entity.
Price Impact
More from QPOWER