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HPL Electric & Power secures order worth Rs 178.9 crore

26 Oct 2021 Evaluate

HPL Electric & Power has secured order worth Rs 178.9 crore for smart metering technology from the largest private utility of a state in Eastern India. This further strengthens HPL Electric & Power’s leadership position in smart meter manufacturing sector across Indian Markets. At a time when reports of power shortages are making headlines, smart meters will definitely reduce distribution losses, remove theft and pilferage of power. This prestigious order has been secured amidst stiff competition.

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.

Peers
Company Name CMP
Waaree Energies 2320.10
Apar Industries 17979.50
Havells India 1038.60
Suzlon Energy 37.58
Siemens 3600.00
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