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HPL Electric bags smart meters order worth Rs 240 cr

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NewsDrum Desk
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HPL Electric bags

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New Delhi: Electric equipment maker HPL Electric and Power has bagged an order worth Rs 240 crore for smart meters from Advanced Metering Infrastructure Service Provider (AMISP).

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This accomplishment adds to HPL's already existing significant order pipeline, reinforcing its ongoing upward momentum in the dynamic smart meter sector, a company statement said.

According to the statement, HPL Electric and Power on Monday announced a major win with smart meter orders totalling Rs 240 crore from AMISP clients in the normal course of business.

"These developments herald a future of stability and growth for HPL in the smart metering industry," Gautam Seth, Joint Managing Director of HPL Electric, said in the statement.

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The company manufactures and sells its products under the umbrella brand 'HPL'. 

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