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HPL Electric secures Rs 1.44 billion order for smart and conventional meters

HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL operates across five key product areas: metering solutions, modular switches, switchgear, LED lighting, and wires and cables. It holds a strong position in the on-load change-over switches market and domestic electric meters,…