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HPL Electric & Power bags order worth Rs 181 crore

13 Feb 2024 Evaluate

HPL Electric & Power has received an order of worth Rs 181 crore (inclusive of tax) from leading AMISP client for the supply of smart meters in the normal course of business, which is to be executed as per the terms & conditions of Letter of Award (LoA). 

Earlier, the company had won smart meter orders totaling around Rs 240 crore from leading AMISP clients in the normal course of business.

HPL Electric & 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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