Wirepas is a leading loT company with a mission to democratize enterprise IoT. It aims to make failure-free connectivity accessible to any enterprise of any size. It makes loT real through its connectivity software enabling massive decentralized, scalable, high-density, and long-range network applications. It serves customers across the world with offices in Australia, Germany, Finland, France, India and the United States, in the areas of smart tracking, smart building, smart manufacturing and smart metering.

The Indian smart metering market, with 250 million metering points, is on the cusp of exponential growth. HPL Electric and Power's recent announcement of smart meter orders valued under World Bank funding of Rs 416.84 crore in May 2023 underscores the immense potential of this market. The company has an order book exceeding Rs 2000 crore.

Meeting the demand for smart meters and ami solutions simultaneous roll-outs in the Indian market have created a demand peak for smart meters and AMI (Advanced Metering Infrastructure) solutions.

HPL Electric and Power, as a leading bidder and solution provider, recognizes the importance of meeting stringent service level agreements (SLAs) to fulfill tender requirements and exceed the expectations of electricity distribution utilities.

Wirepas partners have consistently delivered impressive 99.9% SLAB, establishing their reliability with over 50 utilities worldwide. Through this joint collaboration, HPL and Wirepas are poised to ensure the successful implementation of smart meter roll-outs in India.

Rishi Seth, managing director of HPL Electric, said: “I am glad that our collaboration with Wirepas will result in speedy and reliable deployment of Government of India initiative of RDSS (Revamped Distribution Sector Scheme) smart metering projects across India. With this future proven technology, HPL shall be self-reliant for all kinds of communication solutions for AMI.

Going forward, this technology can be scaled up to Gas & Water Metering also, apart from deploying in global emerging markets.”

HPL Electric & Power is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including metering solutions, switchgear, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry.