HPL Electric & Power Limited will utilize the amount for growth and maintenance. It will enhance capacities of metering solutions, switchgear and wires & cables, as well as explore new product categories within the W&C segment.
May 29, 2025
HPL Electric & Power Limited has come up with a capital expenditure plan of INR 100 crore for FY26, focusing on both maintenance and growth, with funds allocated across key segments including wires & cables, smart metering, and switchgear.
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While the maintenance capex will continue to support HPL’s tool-and-die infrastructure across product categories, the growth capex will enhance capacities in metering solutions, switchgear (both industrial & domestic), and wires & cables, where it remained very upbeat, the leading Indian manufacturer of electrical equipment said in an exchange filing.
Following three consecutive years of strong growth in the wire & cable segment, the company said it was anticipating continued momentum in FY26, owing to healthy market demand and significant improvement in its internal performance metrics.
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Plans were also underway to expand into new product categories within the wire & cable segment, with more information to be shared as details were finalized, it added.
