Quality Power Group Acquires 76 Percent Stake in Veeral Controls Pvt Ltd
Sangli and Gandhinagar, Dec 26: Quality Power Electrical Equipments Ltd 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.
Leadership Commentary
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.”
Outlook
Veeral Controls will continue to operate with engineering continuity, supported by Quality Power Group’s financial strength and global reach. The acquisition aligns with the Group’s disciplined growth strategy and long-term focus on energy transition though our high voltage and high-power electronics expertise.