Friday, Apr 26 2024 | Time 06:13 Hrs(IST)
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Business Economy


HPL Electric and Power gets Rs 179 crore order for smart meters

New Delhi, Oct 26 (UNI) HPL Power and Electric Ltd has received an order of Rs 178.9 crore from the largest private utility of a state in Eastern India.

“This is a big win for us, fortifying our leadership position in smart meter technology once again. HPL has a whole range of best-in-class metering solutions to meet the requirements of the power industry. This is the start of a positive cycle for smart meter technology adoption leading to a growth in demand across power utility companies,'' Gautam Seth, Joint Managing Director, HPL Electric and Power, said in a statement.

"We are elated to maintain our front runner position in the smart metering technology manufacturer market and our commitment to government’s overhaul of the entire power industry deepens,’’ he further said.
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