Quality Power Electrical Equipments has acquired 76% equity stake in Veeral Controls, a Gandhinagar-based power electronics company, for ₹15.20 crore.
Founded in 1993 by Varunesh Kumar, Veeral Controls specialises in high-current rectifiers and power conversion systems for industrial, rail, nuclear, and defense applications, with strong in-house engineering and proprietary control technologies.
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. The company supplies systems across India, Europe, the United States, Australia and the Middle East.
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.
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.
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.
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.”
