MoneyWorks4Me

Genus Power Infrastructures bags order of Rs 312 crore from State-owned Utility

09 Oct 2018 Evaluate

Genus Power Infrastructures has won an order from a State-owned utility for implementation of Advanced Metering Infrastructure (AMI) including supply of 4.31 lakh smart meters. The value of the order is pegged at around Rs 312 crore (net of tax).

This is the single largest order for AMI, directly finalized by any state utility in the country. This order reaffirms the company’s market position, as a supplier of technologically advanced metering solutions.

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 2471.40
Apar Industries 17805.35
Havells India 1092.60
Suzlon Energy 42.55
Siemens 3770.00
View more..