HPL Electric & Power receives LoA worth Rs 143.77 crore for supply of smart and conventional meters

HPL Electric & Power Limited has recently informed exchanges that the company got a Letter of Award of Rs 143.77 crores (inclusive of tax) for the supply of smart meters and conventional meters.

In the exchange filing, the company shared, “The company HPL Electric& Power Limited has received Work Orders/Letter of Award of INR 143.77 Crores (inclusive of tax) from our regular leading Customers for the supply of Smart Meters & Conventional Meters in the normal course of business, which is to be executed as per the terms & conditions of Letter of Award (LoA)/work orders.”

As of 3:14 pm, HPL Electric & Power shares were trading 5.34% higher at Rs 609.15 on the NSE.