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HPL Electric Secures Rs. 409 Cr. Order for Smart Meters

HPL Electric and Power Ltd., an Indian manufacturer of switchgear, cables and electric meters, has secured a Rs. 409.10 crore order for smart meters in West India. This information was shared by HPL in its stock filing dated 28th February 2023.

Commenting on this order win, Mr. Gautam Seth, Joint Managing Director of HPL Electric and Power Ltd. said, “We are fully equipped to cater to more large DISCOMs and service providers in the Indian market and are excited to continue growing our order books”.

According to the company, its order book stands at over Rs. 1,200 crore as of 27th February 2023.