HPL Electric & Power Limited has secured a work order valued at ₹242.24 crore (inclusive of taxes) for the supply of smart meters, according to an official filing submitted to stock exchanges.
The order has been awarded by a consortium of the company’s established customers, including GMR Triveni Smart Meters Limited, GMR Kashi Smart Meters Limited, GMR Agra Smart Meters Limited, Paschimanchal Infrastructure Private Limited, and Madhyanchal One Infrastructure Private Limited.
The contract pertains to the supply of smart meters and falls within the normal course of the company’s business operations. Execution of the order will be carried out in accordance with the terms and conditions specified in the respective purchase orders and Notifications of Award (NOA).
The company formally communicated this development to both the National Stock Exchange of India and BSE Limited, underscoring its continued participation in the smart metering segment and ongoing engagement with key infrastructure partners.
