Quality Power Group Acquires 76% Stake in Veeral Controls Pvt Ltd

New Delhi, December 27, 2025: Quality Power Electrical Equipments Ltd has announced the acquisition of a 76 percent equity stake in Veeral Controls Pvt Ltd, a Gandhinagar based company with over three decades of experience in high current power electronics and industrial power conversion systems.

Founded in 1993 by Varunesh Kumar, an IIT alumnus, Veeral Controls specialises in the design and manufacture of high current rectifier systems, locomotive and traction power conversion equipment, and defence grade power electronics. The company delivers Insulated Gate Bipolar Transistor (IGBT) and Silicon Controller Rectifier (SCR) based rectifiers, converter stacks, and high current power supplies for demanding applications across hydrogen production, railways, heavy industry, nuclear facilities, and strategic defence installations. Veeral Controls has executed mission critical systems, including rectifier platforms rated up to 72 kA, High Voltage Power Nuclear grade power supplies, and traction conversion systems where electrical reliability and precise current control are essential

Strategic Rationale

The acquisition expands Quality Power Group’s presence in medium voltage industrial power electronics, strengthening its capabilities in high current rectification and process level power conversion. These technologies complement the Group’s existing portfolio of high voltage grid equipment, Power quality systems, and FACTS solutions.

High current rectifiers are core to applications such as green hydrogen electrolysers, electro chemical processing, locomotive traction, and defence power systems. Integrating these platforms enables Quality Power to offer more comprehensive electrical solutions while creating pull through demand for its products including transformers, reactors, harmonic filters, and instrument transformers. The integration also strengthens power quality capabilities through Endoks, aligning industrial power conversion with advanced harmonic mitigation and dynamic compensation.

Customer Base and Execution Capability

Veeral Controls serves a diversified customer base including ABB/Hitachi, BHEL, BARC, Indian Railways, Indian Navy, Heavy Water Board, DRDO, Tata Power, Tata Steel, Renew Power among others, with systems supplied across India, Europe, the United States, Australia and the Middle East.

Manu Achuthan Chief Marketing Officer of Quality Power Group said, “Veeral’s expertise in high current rectifiers and traction and defence power electronics strengthens our ability to serve customers directly at the point of power conversion and expands our relevance across the evolving hydrogen, traction and strategic infrastructure space.”