Mumbai, September 25 – Quality Power Electrical Equipments Limited (QPEEL) announced that its subsidiary, Mehru Electrical and Mechanical Engineers Pvt. Ltd., has entered into a co-development agreement with Hyosung T&D India Pvt. Ltd. for gas-insulated switchgear (GIS) instrument transformers.
The strategic partnership aims to combine Hyosung’s global expertise in advanced, eco-friendly gas technologies with Mehru’s manufacturing proficiency in high-voltage instrument transformers. This positions Mehru among the first Indian companies to co-develop GIS instrument transformer technology for global markets, supporting India’s ‘Make in India’ initiative and reducing import dependence in the sector.
Key Highlights
- Initial Development Timeline: First transformers expected within 12 months
- Certification: Products to be tested and certified to IEC/IEEE international standards
- Strategic Focus: Renewable integration, urban transmission projects, metro rail, offshore wind, and data centers
Market Outlook
The global GIS market is projected to grow at a 7–8% CAGR through 2030, driven by grid modernization, renewable energy integration, and urbanization. The partnership allows Mehru to diversify into the GIS value chain and capture growth opportunities in high-voltage and compact equipment solutions.
Executive Comment
Bharanidharan Pandyan, Joint Managing Director of QPEEL, said:
“By bringing global GIS technology to India, we are opening new frontiers for exports, achieving self-reliance, and positioning India on the global map of advanced transmission and distribution manufacturing. This is a proud milestone in Mehru’s journey and underscores our commitment to innovation and technological leadership.”
About the Companies
- Quality Power Electrical Equipments Ltd.: Indian multinational specializing in high-voltage power equipment and power quality solutions, serving utilities and industries in over 100 countries.
- Hyosung Group: South Korean conglomerate with ~17,000 employees and annual revenues exceeding USD 16.5 billion; Hyosung Heavy Industries reported revenues of USD 3.9 billion.
The collaboration signifies a major step in advancing India’s GIS manufacturing capabilities and enhancing the country’s presence in the global transmission and distribution equipment market.
✅ Summary
- Partnership: Mehru Electrical & Hyosung T&D India
- Objective: Co-develop GIS instrument transformer technology
- Timeline: Initial products within 12 months
- Certification: IEC/IEEE standards
- Market Growth: GIS market projected at 7–8% CAGR to 2030
- Strategic Importance: Supports ‘Make in India’, export potential, and advanced T&D manufacturing
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