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HPL Electric and Power receives Empanelment Certificate from Ministry of Power

26 Aug 2022 Evaluate

HPL Electric and Power has received the ‘Empanelment Certificate’ from the Ministry of Power through its arm, Rural Electric Corporation (REC). HPL Electric is approved as a bidder through tender participation for the appointment of Advanced Metering Infrastructure (AMI) Service Provider for Smart Prepaid Metering in India on a DBFOOT (Design, Build, Finance, Operate and Transfer) basis under the Revamped Distribution Sector Reform Scheme (RDSS).

HPL is one of the few participants to receive the Empanelment Certificate after being subjected to vigorous testing carried out at the Central Power Research Institute (CPRI) laboratory. After robust positive results, the CPRI has approved HPL’s end-to-end Prepaid Smart Metering solution.

HPL Electric and Power is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including metering solutions, switchgear, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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