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Genus Power Infrastructures gets LoA worth Rs 2,207.53 crore

03 Jul 2023 Evaluate

Genus Power Infrastructures has received a letter of award (LoA) of Rs 2,207.53 crore for appointment of Advanced Metering Infrastructure Service Provider (AMISP) including design of AMI system with supply, installation and commissioning of 27.69 lakh Smart Prepaid Meters, Feeder Meter, DT Meter level energy accounting and FMS of these 27.69 lakh smart meters.

Many State Electricity Boards (SEBs) have issued requests and solicited bids for the installation of smart meters, indicating that the 'Reforms-Based, Result-Linked Power Distribution Sector Scheme' is having a tangible effect. The company foresees a strong influx of orders in the upcoming quarters of FY24.

Genus Power Infrastructures (GPIL) 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.


Genus Power Infra Share Price

335.00 17.90 (5.64%)
06-May-2026 16:59 View Price Chart
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