HPL aims to develop energy-efficient, eco-friendly products
By EPR Magazine Editorial May 30, 2024 2:38 pm IST
By EPR Magazine Editorial May 30, 2024 2:38 pm IST
The focus on innovative city projects and the implementation of advanced metering infrastructure are expected to boost demand for smart metres and fuel-saving solutions.
HPL Electric & Power Ltd. sees ELASIA 2024 as a prime platform to showcase our innovative products, particularly smart metering & energy management.
How do you view the potential to showcase your range of products at the Elasia Expo?
HPL Electric is showcasing its extensive range of innovative products at Elasia Expo 2024, presenting a significant opportunity to engage with industry leaders, potential customers, & stakeholders. The exhibition will highlight technological advancements in smart metering & energy management solutions, enhancing HPL Electric’s position as a leader in the electrical equipment industry.
How does your product line align with your sustainability goals?
Our product range aligns with our sustainability goals, focusing on ESG principles. Our smart metering solutions promote efficient energy use & waste reduction, demonstrating our commitment to environmental responsibility & the global shift towards sustainable energy practices.
What features do your products offer? How do they enhance their value to expand your customer base?
Smart metres from HPL offer superior performance & reliability due to their cutting-edge features. These metres utilise advanced communication technologies like RF mesh, enhancing data accuracy & facilitating automated energy management. HPL’s switchgear & lighting solutions are designed for robustness & longevity, providing excellent value & meeting diverse consumer & industrial needs.
Some of the New Products:
SMART-100/SMART-200 Series of SMART Metres
ALFA PLUS & VOLTA PLUS LED Downlighters
Protection Switch (VCS) range: 32A to 250ADC Changeover range: 100A to 630A in 1000V DC
AC Source, DC Source Changeover Range: 40A to 630A in 415V AC and 1000V DC
LBS 800V AC range: 100A to 630A
1500V DC up to 80A DC Fuse Holder & Link
What is your outlook on the Indian power & electrical sector?
Increased urbanisation & industrialization in India are driving significant growth in the power & electrical sectors, with government initiatives like RDSS schemes & AMISP contracts aiming to modernise energy infrastructure. HPL, a leading player in this sector, is well-positioned to capitalise on these trends, investing in R&D & expanding manufacturing capabilities.
The assessment of your performance in the last fiscal year & the milestones you aim for in this fiscal year.
HPL Electric & Power Ltd experienced a 15.74 percent increase in revenue from operations, driven by strong sales across Metering, Systems & Services segments, & a 44.22 percent increase in profit after tax, thanks to effective operational efficiency strategies.
Key milestones for the upcoming fiscal year include increasing our market share in the smart metering segment, further expanding our global footprint, & launching new products that cater to our customers’ evolving needs.
Spokesperson: Gautam Seth, Joint Manager, HPL
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