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pan-India presence. The company currently manufacture and
sell its products under the umbrella brand ‘HPL’, which has
been registered in India since 1975. solutions remote communication facilities. All our tariff
meters are certified by the BIS as conforming to the Indian
Standards Index.
The company has one of the widest portfolios of meters
in India. It has a whole range of metering solutions with
advance communication interfaces like LPRF (low power
radio frequency), GSM/GPRS, IrDA, Modbus, Ethernet. In
addition, HPL supply their products to Power Utilities, which
primarily includes supply of meters under direct contractual
arrangements to electricity boards and power distribution
companies, as well as through project contractors. Set forth below are certain meters that we manufacture,
categorized based on their end-use, as domestic and industrial
HPL strong research & development capabilities have
enabled it to keep it abreast of technological developments
in the electric equipment industry. The company’s research
and development efforts include design and development of
all types of energy metering solutions, including interactive
communication between metering devices and metering
infrastructure that includes AMR and AMI, prepayment
metering solutions, solar net metering solutions, smart
meters with two way communication and a complete range
DLMS compliant meters, amongst others, and technologies
and solutions that allow for active monitoring of energy
consumption for electric equipment.
The company’s portfolio of meters includes single phase,
three phase and LTCT/HT energy meters, smart meters,
panel meters, prepayment meters (whereby a monetary limit
can be set on the electricity to be supplied to a particular
consumer), net metering solutions and transformer metering
The market for meters in India was estimated to be ₹ 3,000
crore in fiscal 2015, with organised participants contributing to
over 80% of the total market. There has been a continued and
visible shift from demand for traditional meters to demand
for metering solutions, which helps in energy management
as compared to mere monitoring and billing functionalities.
During 2016-2020, the overall market for electricity meters
is expected to grow at a CAGR of 11.5%, with prepayment
meters expected to grow more than the overall growth rate,
at a CAGR of 15.1%, and smart meters expected to grow at a
CAGR of 5.3%. However, the market for meters is expected
to witness explosive growth subsequent to 2022, when the
proposed civil works for smart cities and smart grids will
near completion, paving way for a robust demand for smart
meters. Particularly smart meters are expected to see a
double digit growth once bottle-necks surrounding the smart
grid projects are cleared.
The market for electricity meters is growing in India and
initiatives of the Government such the Deen Dayal Upadhaya
Gram Jyoti Yojna and Integrated Power Development Scheme
are expected to give impetus to the meter market.
www.hplindia.com
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