Eppeltone Engineers Secures ₹5.74 Crore Service Order, Pivoting into AMI Service Segment
Eppeltone Engineers Limited, a leading energy meter manufacturer, announced the receipt of a significant domestic service order, marking a strategic transition into the Advanced Metering Infrastructure (AMI) service segment. The company announced the milestone order on April 22, 2026.The newly secured service order is valued at ₹ 5,74,13,237/- (Excluding Taxes). This deal involves providing specialized services for AMI projects aimed at AMISPs and their Special Purpose Vehicles (SPVs) on a PAN-India basis.
Key Details of the Strategic Order
The transaction marks a shift for Eppeltone Engineers into a service-led model, allowing the company to reduce reliance on traditional manufacturing cycles while strengthening its revenue resilience. The scope of work focuses on supplying specialized services for various stakeholders within the smart metering ecosystem.The core details of the service contract are summarized below:
| Detail | Description |
|---|---|
| Order Value | ₹ 5,74,13,237/- (Excluding Taxes) |
| Scope | AMI Projects for AMISPs and SPVs (PAN-India) |
| Service Nature | Supply of Service (Domestic Entity) |
| Strategic Impact | Diversification into high-growth service verticals |
According to Mr. Deven Chowdhary, Executive Director of Eppeltone Engineers, this milestone reflects the company's growing capabilities and strategic direction. He stated that by combining services with manufacturing strengths, Eppeltone is transitioning from a product-focused approach to delivering end-to-end solutions, which strengthens its position in the smart metering ecosystem.
About Eppeltone Engineers Ltd.
Eppeltone Engineers Ltd., established in 1977, has been recognized as a trusted name in metering technology in India. The company entered the energy meter segment in 1999 and has built a strong industry presence since then.Today, Eppeltone operates from a 36,000 sq. ft. advanced facility in Greater Noida, which includes a modern machinery setup and a NABL-approved R&D testing lab. The company holds multiple industry certifications, including CMMI Level III, ISO 9001, ISO 14001, ISO 27001, and the 'S' Mark safety certification. Additionally, it possesses DSIR certification and its products are TEC certified. Eppeltone is empanelled with over 30 DISCOMs, CPSUs, and major turnkey contractors across India, supporting utilities in efforts to reduce AT&C losses alongside energy measurement.
EEPL Stock Price Movement
As of 10:48 AM, shares of Eppeltone Engineers Limited are slipping by 0.21% in live trading, currently trading at ₹120.80. The equity has seen 12,000 shares traded so far today, indicating active selling pressure in the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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