In a groundbreaking development set to reshape India’s burgeoning smart metering sector, HPL Electric and Power Ltd, a leading Indian electric equipment manufacturer, has forged a strategic alliance with Wirepas Oy, a global pioneer in RF mesh technology. This dynamic partnership marks a significant milestone in the Indian power industry, heralding a new era of innovation and efficiency.
India’s smart metering market, home to an astonishing 250 million metering points, stands on the threshold of explosive growth. HPL Electric and Power Ltd’s recent announcement of smart meter orders valued at ₹416.84 crore, funded by the World Bank in May 2023, underscores the vast potential within this market. These orders align perfectly with state-led initiatives like the Revamped Distribution Sector Scheme (RDSS), underlining HPL’s strategic commitment to the smart metering sector and its ability to meet the surging demand. With an order book exceeding ₹2,000 crores, HPL’s dedication to high-volume manufacturing and utility solutions in India is unassailable.
Simultaneous roll-outs in the Indian market have generated a peak in demand for smart meters and Advanced Metering Infrastructure (AMI) solutions. HPL Electric and Power Ltd, positioned as a leading bidder and solution provider, recognizes the paramount importance of meeting stringent Service Level Agreements (SLAs) to fulfill tender requirements and surpass the expectations of electricity distribution utilities. Wirepas partners have consistently delivered impressive 99.9% SLAs, establishing their reliability with over 50 utilities worldwide. Through this collaborative effort, HPL and Wirepas are poised to ensure the seamless implementation of smart meter roll-outs across India.
Teppo Hemiä, CEO of Wirepas, expressed his enthusiasm for the partnership, stating, “HPL is a well-known and highly esteemed brand among utility customers in India. We are thrilled to join forces with HPL and assist them in providing a high-performance Radio Frequency (RF) Mesh solution tailored for the Indian market.”
This strategic alliance between HPL Electric and Power Ltd and Wirepas signifies a pivotal moment in India’s smart metering industry evolution. Together, they are committed to delivering cutting-edge technology, unmatched reliability, and exceptional value to meet the evolving needs of the Indian power sector.
Rishi Seth, Managing Director of HPL Electric, conveyed his enthusiasm and appreciation for the technical collaboration with one of the world’s leading technology providers in the AMI space, Wirepas Oy.
Seth shared, “I am delighted to announce that our partnership with Wirepas will facilitate the timely and dependable implementation of the Government of India’s ambitious RDSS smart metering initiatives nationwide. With the integration of this cutting-edge technology, HPL is poised to achieve self-sufficiency in all communication aspects of Advanced Metering Infrastructure (AMI). This milestone signifies a critical stride in alignment with the ‘Make in India’ initiative championed by the esteemed Prime Minister of India.
Furthermore, we envision the potential for extending this technology’s reach beyond electricity metering, with possibilities for adaptation in the domains of Gas and Water Metering. Our commitment extends to exploring opportunities in emerging global markets as well.”
