Joint Venture24 Sept 2025, 05:34 pm
Quality Power Subsidiary Signs Co-development Agreement with Hyosung for Gas-Insulated Switchgear Instrument Transformers
AI Summary
Mehru Electrical and Mechanical Engineers Pvt. Ltd., a material subsidiary of Quality Power Electrical Equipments Ltd., has signed a co-development agreement with Hyosung T&D India Private Limited, a wholly-owned subsidiary of Hyosung Heavy Industries Corporation, Korea, for gas-insulated switchgear (GIS) instrument transformers. This collaboration aims to create world-class GIS components designed and manufactured in India for global markets, supporting the Government of India’s ‘Make in India’ vision and positioning the country as a credible global supplier in the fast-growing GIS segment.
Key Highlights
- Quality Power's subsidiary, Mehru Electrical, signs co-development agreement with Hyosung T&D India for GIS instrument transformers.
- The collaboration aims to create world-class GIS components designed and manufactured in India for global markets.
- This development supports the Government of India’s ‘Make in India’ vision and positions India as a credible global supplier in the GIS segment.
- The partnership leverages Hyosung’s global leadership in advanced equipment and eco-friendly gas technologies with Mehru’s expertise in manufacturing high-voltage instrument transformers.
- The agreement is a milestone in reducing India’s dependence on imports and achieving true self-reliance in the GIS segment.