Quality Power Electrical Equipments Limited has secured multiple domestic purchase orders worth approximately ₹146 crore (including taxes) for the supply of 800 KV coil products and HVDC reactors. The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
According to the regulatory filing, the orders relate to the supply of multiple high-voltage direct current (HVDC) reactors up to 800 KV. The contracts have been awarded by a domestic entity, although the name of the awarding party has not been disclosed due to a non-disclosure agreement (NDA).
The total gross consideration of the orders stands at around ₹146 crore, inclusive of taxes. The execution timeline for the contracts is approximately 18 months, indicating sustained revenue visibility over the medium term.
The company clarified that neither the promoter nor the promoter group has any interest in the awarding entity. Additionally, the transaction does not fall under related party transactions.