MoneyWorks4Me

Genus Power Infrastructures receives LoI for supply of 5 million prepaid meters

01 Aug 2018 Evaluate

Genus Power Infrastructures has received Letter Of Intent (LoI) for supply of 5 million single phase prepaid meter with box on back to back arrangement for supply to EESL. The value of this LoI is pegged at approximately Rs 650 crore.

Genus Power Infrastructures  is engaged in the manufacture and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad.

Peers
Company Name CMP
Waaree Energies 2326.60
Apar Industries 17764.00
Havells India 1039.30
Suzlon Energy 36.79
Siemens 3663.50
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