Quality Power Electrical Equipments Secures Significant International Order for Reactors
Quality Power Electrical Equipments Limited has received a significant order for the supply of High Voltage Reactors. The contract pertains to a large Data Centre project located in the United States of America.The order was secured from an international entity, marking a substantial single large order for the company. The details confirm that the promoter or promoter group of Quality Power Electrical Equipments Limited has no interest in the awarding entity.
The contract has a defined execution window, set for approximately 12 months. The total consideration for this significant supply of reactors is valued at approximately INR 48.3 Crore, excluding taxes.
Key details regarding the contract are summarized below:
| Detail | Description |
|---|---|
| Awarding Entity | America (Identity withheld under a binding Non-Disclosure Agreement) |
| Product Supply | High Voltage Reactors |
| Project Nature | Data Centre project in the United States of America |
| Order Type | Single large order |
| International Origin | International Entity |
| Order Value | Approximately INR 48.3 Crore (Excluding Taxes) |
| Execution Period | Approximately 12 months |
QPOWER Stock Price Movement
On Friday, Quality Power Electrical Equipments Limited shares edged higher, gaining 1.61% to close at ₹1396.40. The stock showed strong momentum, registering a 52-week high of ₹1429 while trading on significant volume of 2.10 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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