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₹856.952 days ago
₹931.402 days ago
Quality Power Electrical Equipments Limited was originally incorporated as ‘Quality Power Electrical Equipments Private Limited’ under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated September 20, 2001, issued by the Registrar of Companies, Pune, Maharashtra. The name of the company was subsequently changed to ‘Quality Power Electrical Equipments Limited’, upon conversion into a public company, pursuant to a board resolution dated February 15, 2024, and a shareholders’ resolution dated March 23, 2024, and a certificate of change of name was issued on June 14, 2024 by the Registrar of Companies, Pune.Quality Power Electrical Equipments is an Indian player serving global clients in critical energy transition equipment and power technologies. It provides high voltage electrical equipment and solutions for electrical grid connectivity and energy transition. It is a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, it offers equipment and solutions tailored for emerging applications such as large-scale renewablesIt is among the few global manufacturers of critical high voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks. These equipment and networks form key components for energy transition from renewable sources to traditional power grids. With decades of experience in the energy transition space, it provides an extensive range of products crucial for effective power transmission and advanced power automation. Its offerings include reactors, transformers, line traps, instrument transformers, capacitor banks, converters, harmonic filters, and reactive power compensation systems. Additionally, its grid interconnection solutions feature technologies such as STATCOM and static var compensator systems (SVC). Its domestic and global footprint allows it to cater to both Indian and global customer bases.Business area of the companyThe company is engaged in manufacturing of power products and providing services in the areas of Power Generation, Power Transmission, Power Distribution and Power Automation.Products of the companyPower ProductReactorsLine trapsTransformersInstrument transformerLine tunersMetal enclosed capacitor bankCompositesPower quality systemsStatic VAR compensatorsStatic synchronous compensatorHarmonic FilterCapacitor BankShunt ReactorsAwards, accreditations and recognition2014: Received a Certificate of Appreciation in the category of Bare space up to and including 100 sq.m. in the Best Stall Contest by the International Exhibition of Electrical and Industrial Electronics Industry.2014: Received the Western Region Award for 2011-2012 as a ‘Small Enterprise’ in the product group of ‘Electric Motors, Generators and Transformers and Parts’ for outstanding contribution to Engineering Exports during the year 2011-2012 by EEPC India.2014: Received the Export Excellence Award 2012-2013 as a ‘Small Enterprise’ in the product group of ‘Electric Motors, Generators and Transformers and Parts’ for outstanding contribution to Engineering Exports during the year 2012-2013 by EEPC India.2023: Accorded the status as a ‘One Star Export House’ in accordance with the provisions of the Foreign Trade Policy, 2023 by the Directorate General of Foreign Trade, Ministry of Commerce Industry.History and milestones2001: Incorporation as private limited company under the name, ‘Quality Power Electrical Equipments Private Limited’.2011: Acquisition of Endoks Enerji Anonim Sirketi, Turkey by one of its Subsidiary i.e. Quality Power Engineering Projects Private Limited.2019: Acquisition of SS Transformers Accessories Private Limited.2022: Takeover of business of Electrical Power Equipment Company, Bangalore.2022: Investment in Nebeskie Labs Private Limited by its Subsidiary, Quality Power Engineering Projects Private Limited by purchasing 15.45% of the share capital of Nebeskie Labs Private Limited.2024: Conversion into a public limited company, under the name ‘Quality Power Electrical Equipments Limited’.
