Quality Power Acquires Mehru Electrical & Mechanical Engineers to Strengthen Expertise in High-Voltage Instrument Transformers

Quality Power Electrical Equipments Limited (QPEEL) has announced the majority acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd (MEME PL), a leading manufacturer of high-voltage instrument transformers for utilities, industries, and power generation companies. The acquisition, which was completed for a total cash consideration of Rs. 120 crore, will enhance QPEEL's capabilities in high-voltage instrument transformers and expand its global market presence. This move aligns with QPEEL's commitment to cutting-edge technology, precision engineering, and market leadership in high-voltage equipment solutions. With MEME PL's expertise in oil-filled and dry-type instrument transformers up to 500kV, QPEEL aims to deliver world-class power equipment solutions. This acquisition marks a significant step in QPEEL's growth strategy and further solidifies its position in the energy sector.
Quality Power Electrical Equipments Ltd specializes in manufacturing and supplying high-quality electrical equipment and components for various applications.
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FAQs
Quality Power Electrical Equipments Ltd has a market cap of 2924.29 crores
Quality Power Electrical Equipments Ltd has a pe of 78.43
Quality Power Electrical Equipments Ltd has a roce of 31.46%
Quality Power Electrical Equipments Ltd has a debt-equity ratio of 0.14