Quality Power Electrical Equipments Ltd has successfully secured a significant order valued at approximately ₹197 million for the supply of reactors used in Flexible AC Transmission Systems (FACTS) applications. This contract, awarded by a domestic entity, marks a major milestone for the company, reinforcing its position in the electrical equipment sector.
FACTS technology plays a crucial role in enhancing the stability and efficiency of power transmission systems, particularly in long-distance electricity distribution. The reactors supplied under this contract will contribute to improving grid reliability and ensuring a more stable power supply.
Key Highlights:
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- Quality Power Electrical Equipments Ltd secures a ₹197 million order for FACTS application reactors.
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- The contract was awarded by a domestic entity, strengthening the company’s presence in the power transmission sector.
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- FACTS technology enhances the stability and efficiency of electrical grids, particularly in long-distance transmission.
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- The reactors will be delivered over a 15-18 month period, ensuring high-quality manufacturing and deployment.
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- No related party transactions involved, maintaining transparency in the contract process.
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- The order reflects growing demand for advanced electrical solutions in India’s power sector.
Sources: Finance Saathi, Chittorgarh.net, Deven Choksey Research