HPL Electric & Power Limited has announced the launch of its new product 'Neeram Pulse' water meter on January 29, 2026. The company informed the stock exchanges about this development as part of its regulatory disclosure obligations under SEBI Listing Regulations.

Product Launch Details

The company submitted the product launch intimation to both the National Stock Exchange of India Limited and BSE Limited, providing comprehensive details about the new offering as required under SEBI regulations.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III Part A Para B of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also followed the guidelines specified in SEBI Circular No. SEBI/HO/CFD/CFD PoD1/P/CIR/2023/123 dated July 13, 2023, which outlines the requirements for product launch disclosures.

Market Focus

The 'Neeram Pulse' water meter is specifically designed for the domestic market, indicating the company's strategic focus on serving Indian customers in the water measurement solutions segment. This launch represents HPL Electric & Power Limited's continued expansion of its product portfolio beyond its traditional electrical and power equipment offerings.

Information Accessibility

As per regulatory requirements, the company has made the product launch details available on its official website at www.hplindia.com , ensuring transparency and easy access to information for stakeholders and investors. The disclosure was signed by Vivek Kumar, Company Secretary, on January 29, 2026.

Prime Minister Narendra Modi is scheduled to inaugurate the HPCL Rajasthan oil refinery project at Pachpadra in January, marking a significant milestone for the state's industrial landscape. Parliamentary Affairs Minister Jogaram Patel confirmed the upcoming inauguration, highlighting the project's importance for regional economic development.

Project Overview

The HPCL Rajasthan Refinery Limited (HRRL) project represents a strategic joint venture between HPCL and the Rajasthan government. This ambitious initiative encompasses a comprehensive 9 MMT per annum integrated refinery-cum-petrochemical complex, positioning it as a major industrial undertaking in the region.

Economic Impact

Minister Jogaram Patel emphasized the transformative potential of the refinery project for Rajasthan's economy. The integrated facility is expected to generate substantial economic benefits for the state, contributing to industrial growth and employment opportunities in the region.

Strategic Significance

The Pachpadra refinery project represents a crucial addition to India's refining capacity, with its integrated petrochemical complex design offering enhanced operational efficiency. The joint venture structure between HPCL and the Rajasthan government demonstrates collaborative efforts to strengthen the state's industrial infrastructure and energy security capabilities.