HPL Electric & Power Ltd has announced a strategic partnership with Wirepas Oy of Finland, for RF mesh technology associated with smart metering.
Under this new partnership, Wirepas will collaborate with HPL and offer high-performance radio frequency (RF) mesh solutions tailored for the Indian market.
Through this joint collaboration, HPL Electric and Wirepas are poised to ensure the successful implementation of smart meter rollouts in India, a communication from HPL Electric said.
This strategic partnership between HPL Electric and Wirepas represents a pivotal moment in the evolution of India’s smart metering industry. Together, the two partners are committed to delivering cutting-edge technology, unmatched reliability, and exceptional value to meet evolving needs of the Indian power sector, the release said.
Also read: HPL Electric Foresees Smart Meters To Dominate Metering Order Book
Smart metering mandates
HPL Electric & Power recently won a Rs.417-crore mandate as Advanced Metering Infrastructure Service Provider (AMISP) for a project promoted by West Bengal State Electricity Distribution Company Ltd and supported by World Bank. This is HPL’s first project as AMISP and will see the rollout of around 5 lakh smart meters in Kolkata city. HPL will also be entrusted with setting up the communication network, linking the smart meters to this network, creating and maintaining the IT backbone, etc.
As already reported by T&D India, as of July 4, 2023, the outstanding order book position of HPL Electric, across all its business verticals, stood at around Rs.2,100 crore. Out of this, 82 per cent came from the metering business. Within this, 75 per cent (or around Rs.1,300 crore) represented orders for smart meters. Around 30-40 per cent of the current smart meter orders are directed towards AMISPs.
