Genus Power secures Rs 44.69 billion contracts for smart meter projects

Genus Power Infrastructures Limited’s subsidiary has secured three letters of award (LoA) totalling Rs 44.69 billion. The contracts involve appointing advanced metering infrastructure service providers (AMISPs) to design, supply, install, and commission an advanced metering infrastructure system. This includes the deployment and facility management of approximately 5.59 million smart prepaid meters, including distribution transformer meters, on a design, build, finance, own, operate, and transfer basis.