Latest news with #60076-6
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Business Standard
22-07-2025
- Business
- Business Standard
Quality Power shares zoom 6% on bagging ₹10 crore worth export order
Shares of Quality Power Electrical Equipments rose over 6 per cent on Tuesday after it bagged an export order worth ₹10 crore for a hyperscale data centre project in Finland. The heavy electrical equipment firm's stock rose as much as 6.3 per cent during the day to ₹869.9 per share. The stock pared gains to trade 4.14 per cent higher at ₹861 apiece, compared to a 0.02 per cent advance in Nifty 50 as of 10:50 AM. Shares of the company are trading near their all-time high of ₹931.4, which it hit on July 18. The counter has risen nearly 100 per cent since its listing in February this year. Quality Power has a total market capitalisation of ₹6,722.15 crore. Track LIVE Stock Market Updates Here Quality Power bags over ₹10 crore export order The company secured an export order worth over ₹10 crore from a European client for a hyperscale data centre project in Finland, according to an exchange filing. The order involves the supply of dry-type shunt reactors, marking a significant milestone in the company's global expansion and growing role in critical power infrastructure for digital facilities. The reactors, based on Quality Power's advanced air-core coil technology, are designed to stabilise voltage and control reactive power under light load conditions, ensuring grid stability and power quality at the utility interface. These solutions are especially relevant for data centres in colder European climates, where power factor correction and voltage regulation are increasingly critical, the company said. The equipment complies with IEC 60076-6 and relevant data centre resilience standards. Dry-type reactors are preferred in sensitive environments due to their lower fire and environmental risk compared to oil-filled alternatives. Manufacturing and testing will take place at Quality Power's ISO-certified coil facility in Sangli, Maharashtra, and the execution of the order will begin immediately, the statement said. About Quality Power The company is a manufacturer of high-voltage electrical equipment and solutions, providing reactors, transformers, line traps, FACTS, and power quality solutions. With multiple manufacturing facilities in India and Turkey, the company has installations in over 100 countries for equipment up to 765kV systems. The company's shares made their D-street debut on February 24, 2025, by listing at Rs 430 per share on the NSE, and Rs 432.05 per share on the BSE, against the IPO issue price of Rs 425 per share.
Business Standard
21-07-2025
- Business
- Business Standard
Quality Power Electrical Equipments wins export order of Rs 10 cr
For supply of dry-type Shunt Reactors for a hyperscale data centre project in Finland Quality Power Electrical Equipments has secured a significant export order exceeding Rs 10 crore from a leading European customer for the supply of dry-type Shunt Reactors for a hyperscale data centre project in Finland. This order marks a key milestone in Quality Power's expanding role in supporting power infrastructure for mission-critical digital facilities. Modern data centres, particularly in colder European geographies, are placing increasing emphasis on grid stability, reactive power control, and power factor correction. The dry-type air core Shunt Reactors being supplied under this contract are engineered to mitigate voltage rise and manage reactive power flows under light load conditions, thereby ensuring steady voltage levels at the point of interconnection with utility grids. The selection of Quality Power's advanced coil technology for a hyperscale European data centre underscores the company's technical competence and growing brand recognition in global markets. These reactors are designed in line with IEC 60076-6 and applicable data centre resilience standards and are particularly suited for continuous duty in sensitive environments where oil-filled equipment may not be preferred due to fire and environmental considerations. The reactors will be manufactured and tested at Quality Power's ISO 9001, ISO 14001, and ISO 45001 certified coil facility in Sangli, India. Execution activities shall will commence immediately.
