Genus Power Infra wins order of Rs 22.59 billion

Genus Power Infrastructures announced that it has secured an order worth Rs 22.59 for a smart meter project. According to the company, its wholly owned subsidiary received a Letter of Award (LOA) for the appointment of Advanced Metering Infrastructure Service Providers (AMISP), including.

In a regulatory filing, the company said, “Genus Power Infrastructures’ wholly-owned subsidiary has been granted LOA worth Rs 22.59 billion (after tax) for appointment of infrastructure service providers.” Advanced Measurement System (AMISP), including the design of an advanced measurement system. Infrastructure Service Providers (AMISP). Infrastructure measurement.

Several state-owned power companies have started the bidding process to procure smart meters, highlighting the positive impact of the "reform-based, results-linked power distribution sector programme." The presentation further stated that its analysis indicates a high probability of observing a stable and sustainable situation.

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