Smart meter orders have started flowing in the market now… HPL bagged a decent order of Rs 161 Cr. Very soon we can expect good news in Genus also…
HPL Electric and Power Ltd deepens its Smart Meter Order
Pipeline by winning a coveted order of Rs. 161 croreNoida, India, December 30th, 2022 – HPL Electric and Power Ltd (referred to as the
“Company”; NSE Symbol: HPL, BSE Scrip Code: 540136), an established electrical equipment
manufacturing company in India, has received a significant order, worth Rs.161.59 crore, for
the supply of smart meters to serve a leading private DISCOM player. This win underscores
the Company’s dominant market position in the smart metering space, and fortifies its
reputation as a strong advanced meter solutions company. Furthermore, this new order has
expanded the Company’s metering order book to exceed Rs. 600 crore as of 29th December
2022.
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