HPL Electric & Power Ltd Launches ‘Neeram Pulse’ Smart Water Meter
Filing Summary
HPL Electric & Power Ltd has introduced ‘Neeram Pulse’, a smart water metering solution designed for integration with AMR/AMI systems. The company has opened a new manufacturing facility in Gurugram for producing these meters, marking its entry into the smart water management sector. The plant will manufacture Ultrasonic and Multi jet Water Meters. The smart water meters market is projected to grow significantly, reaching approximately USD 9 billion by 2030. HPL aims to leverage its expertise in metering systems to expand its offerings in this sector.
HPL Electric & Power Ltd has announced the launch of ‘Neeram Pulse’, a smart water metering solution engineered for accurate measurement and integration with AMR/AMI systems. The company has also opened a new manufacturing facility in Gurugram, which will produce Ultrasonic and Multi jet Water Meters. This development positions HPL among the first few companies in India to establish a plant dedicated to integrated smart water meters.
The filing does not disclose specific financial terms related to the launch of ‘Neeram Pulse’. However, it highlights the significant growth potential in the smart water meters market, which is projected to reach approximately USD 9 billion by 2030. The market is expected to grow from USD 4.61 billion in 2024, with a compound annual growth rate of 11.9% from 2024 to 2030.
‘Neeram Pulse’ is designed for utility-grade performance, featuring a high-accuracy, long-life metering platform with a dry dial multi-jet register and shielded magnetic coupling. It includes tamper and magnetic interference detection to support revenue assurance. The meter is IP68 rated, ensuring it is fully sealed for challenging field conditions. It is AMR-ready with communication options including LoRa RF, and offers up to 10 years of battery life, subject to configuration and operating conditions.
The launch of ‘Neeram Pulse’ aligns with the increasing global investments in smart metering, driven by the need to improve billing discipline, reduce non-revenue water, and enhance leakage and network management. The product is designed to meet international and Indian standards, including IS:779:1994 and ISO 4064. Target applications for ‘Neeram Pulse’ include municipal water systems, industrial use, and agricultural irrigation.
The new manufacturing facility in Gurugram is operational as of January 29, 2026. This facility enhances HPL’s capability to meet the growing demand for smart water meters. The company aims to leverage its existing expertise in metering systems to expand its offerings in the smart water management sector.
HPL Electric & Power Ltd is a leading Indian manufacturer of low-voltage electrical equipment. The company operates across two main business verticals: Metering & Industrial Systems and Consumer & Industrial. HPL is recognized for its comprehensive portfolio, which includes domestic and industrial switchgear, wires and cables, fans, and lighting. The company is a market leader in India’s smart metering transformation and has recently expanded into the smart water management space with ‘Neeram Pulse’. HPL combines decades of manufacturing expertise with continuous innovation to deliver high-quality electrical solutions across India and international markets.