HPL Electric Wins Rs 240 Crore Smart Meter Order
By Rediff Money Desk, NEWDELHI Jan 15, 2024 17:22
HPL Electric and Power has secured a Rs 240 crore order for smart meters from AMISP, boosting its position in the growing smart meter market.
New Delhi, Jan 15 (PTI) 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).
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.
The company manufactures and sells its products under the umbrella brand 'HPL'.
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.
The company manufactures and sells its products under the umbrella brand 'HPL'.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- IFL Enterprises
- 1.36 (+ 4.62)
- 96270207
- Franklin Industries
- 3.90 (+ 4.56)
- 27501642
- Vodafone Idea L
- 16.18 ( -3.63)
- 21311560
- Indian Renewable
- 259.90 ( -4.54)
- 14228151
- AvanceTechnologies
- 0.90 ( -1.10)
- 11518579
MORE NEWS
Wipro Transfers Stake in Financial Outsourcing...
Wipro Holdings (UK) has transferred its entire stake in Wipro Financial Outsourcing...
Indian Markets Turn Negative After Record Highs
Indian stock markets experienced volatility on Thursday, turning negative after...
ASK Property Fund Invests Rs 190 Cr in...
ASK Property Fund has invested Rs 190 crore in a real estate project being developed by...