HPL Electric and Power Ltd. Announces Major Win with Smart Meter Orders Totaling INR 2,400 Million from Leading AMISP Clients

HPL Electric & Power Limited is an India-based company, which is a multiproduct electric equipment manufacturer. The Company’s product portfolio covers a wide range of low-voltage electric products including metering solutions, switchgears, lighting products, wires and cables, solar solutions, and modular switches. The Company operates through two segments: Metering and Systems, and the Consumer & Industrial Segment. The Company has its presence across five key verticals: Metering Solutions, Switchgears, light emitting diodes (LED) Lighting, Wires and Cables, Solar Solutions and Modular Switches. Its Metering vertical offers smart meter, net meter, prepaid meter, Tri vector meter and others. Its Switchgear vertical includes Industrial Applications, which include air circuit breaker (ACB), molded case circuit breaker (MCCB), and phase selector. The Company’s manufacturing units are located at Gurugram, Kundli, Gharaunda and Sonepat in Haryana and Jabli in Himachal Pradesh.