HPL Electric & Power has bagged two orders worth over Rs 372 crore for its switchgear, wires and other related accessories for housing projects in the state of Andhra Pradesh. These prestigious orders were bagged amidst stiff competition from various players. This is a big step by the company to increase its presence in the low cost affordable housing segment. The current total order book of the company now stands over at Rs 700 crore.
HPL Electric & Power is an electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand.