- Business
- HPL Electric & Power Limited manufactures and supplies a broad range of electrical equipment in India, with key product verticals encompassing metering solutions including smart and electronic energy meters; switchgears such as circuit breakers, distribution boards, on-load change-over switches, and low-voltage panels; LED lighting products; wires and cables including PVC, XLPE, and specialty variants; solar solutions featuring panels, inverters, and lighting systems; and modular switches alongside home automation products like intelligent switches and sensors. The company, founded in 1992 and headquartered in New Delhi with manufacturing facilities in Gurugram and other locations, serves diverse customer segments including power utilities, government agencies, retail, institutional, and industrial clients across India and exports to over 42 countries in Asia, Africa, Europe, the UK, and the Indian sub-continent. In recent developments, HPL Electric & Power secures major smart meter orders worth Rs 5.45 billion and Rs 65.72 crore from leading customers; launches new products including 11 in meters, 7 in switchgears, and 21 in lighting during fiscal 2025 alongside 10 switchgear and solar items in 2023-24; expands retailer touchpoints to 85,000 by March 2025 from 45,000; and enhances smart metering capacity with a new automated assembly and testing line at its Gurugram plant.