HPL Electric bags orders worth Rs. 372 crore for electrical products.

Electric equipment manufacturer HPL Electric & Power announced it has secured orders worth Rs 372 cr for its switchgear, wires and other related accessories for low-cost housing projects in Andhra Pradesh.

The company said its order book now stands at Rs. 700 crore. “This is a big win for us and enhances our position as one of the leading electrical equipment manufacturers in the country,” Gautam Seth, Joint Managing Director, HPL Electric & Power, said.

He added that post the first lockdown, there has been a pickup in business and the company hopes for improved growth in the coming months.

ET