Quality Power Electrical Equipments Limited (QPEEL), listed on both BSE and NSE, has announced the acquisition of a majority stake in Mehru Electrical and Mechanical Engineers Pvt Ltd (MEMEPL), a leading manufacturer of high-voltage instrument transformers. This acquisition, valued at Rs. 120 crore, marks a significant milestone for Quality Power as it expands its capabilities in high-voltage equipment manufacturing and global market reach. Quality Power has acquired 51% of Mehru Electrical & Mechanical Engineers for Rs. 120 crore through a share purchase agreement. Trilegal provided legal advisory services for the transaction.
Bharanidharan Pandyan, Joint Managing Director & Whole-time Director of Quality Power, commented: “We are excited to announce our majority acquisition of Mehru, a company with a longstanding legacy in high-voltage instrument transformers. This strategic acquisition aligns with the objectives of our recent IPO and reinforces our commitment to cutting-edge technology and market leadership in the high-voltage equipment sector.”
A key synergy of this acquisition is the integration of product offerings. Mehru’s precision-engineered transformers will seamlessly complement Quality Power’s existing transmission and power quality solutions. This expanded portfolio will allow the company to address a broader range of customer requirements and provide end-to-end power system solutions.
Enhanced R&D and engineering capabilities will be another major benefit. Mehru’s state-of-the-art testing facilities and engineering expertise will strengthen Quality Power’s commitment to technological advancement. This will be particularly valuable in high-voltage solutions, where innovation plays a crucial role in improving efficiency and reliability.
Increased manufacturing capacity through Mehru’s production facilities will support Quality Power’s ability to scale operations. With this expansion, the company will be better positioned to meet domestic and international demand while optimizing production efficiency and lead times.
Finally, the acquisition strategically positions Quality Power for market expansion. Access to key customers, including the Power Grid Corporation of India (PGCIL), state utilities, EPC contractors, and global clients, will fuel further business growth. Additionally, the combined expertise of Mehru and Quality Power will lead to cost optimization and supply chain efficiencies, enhancing project execution, reducing costs, and improving product reliability. This acquisition ultimately sets the stage for Quality Power’s continued success in the power infrastructure industry.
Looking ahead, Quality Power is committed to developing next-generation instrument transformers that incorporate enhanced accuracy, smart monitoring, and digital integration for modern grid applications. The two companies will collaborate on exploring advanced technologies such as sensor-based transformers, AI-driven predictive maintenance, and hybrid insulation, aligning with global trends in smart grids and automation.
Quality Power is a recognized manufacturer of high-voltage electrical equipment, including reactors, transformers, line traps, and power quality solutions. With production facilities in India and Turkey, the company’s products are installed in over 100 countries for systems up to 765kV. The company went public in February 2025, listing on both the Bombay Stock Exchange and National Stock Exchange.
Established in 1995 and headquartered in Bhiwadi, Rajasthan, Mehru Electrical & Mechanical Engineers specializes in the production of high-voltage instrument transformers, including current transformers (CTs), potential transformers (PTs), and capacitor voltage transformers (CVTs). The company operates an advanced manufacturing facility in Bhiwadi, which includes accredited testing laboratories and substantial room for future expansion. Mehru has built a strong reputation for innovation, particularly in providing high-voltage solutions for power utilities, industrial applications, and infrastructure projects both in India and internationally.
