SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GMR Power and Urban Infra informs about award of order

13 Sep 2023 Evaluate

GMR Power and Urban Infra has informed that through its letter dated July 13, 2023 it had intimated regarding receipt of Letter of Intent (‘LOI’) by GMR Smart Electricity Distribution (GSEDPL), erstwhile stepdown subsidiary of GMR Power and Urban Infra (the company), to install, integrate and maintain 75.69 lakh smart meters for the following Zones of U.P: i Purvanchal Vidyut Vitran Nigam (PuVNL) for two zones (Varanasi, Azamgarh zone & Prayagraj, Mirzapur zone) and ii. Dakshinanchal Vidyut Vitran Nigam (Agra and Aligarh zone). Further, vide its intimation dated September 3, 2023 it had informed regarding receipt of Letter of Award (LOA) by GSEDPL from PuVNL for both the above zones for installation of 50.17 lakh smart meters. In continuation of the above intimations, the company has informed that GSEDPL has now received LOA from Dakshinanchal Vidyut Vitran Nigam to implement smart metering project in the Dakshinanchal (Agra, and Aligarh zone) area of Uttar Pradesh. GSEDPL will install, integrate and maintain 25.52 lakh smart meters in the given areas. As per the details are enclosed. 

\The above information is a part of company’s filings submitted to BSE.

GMR Power and Urban Share Price

108.31 0.97 (0.90%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 396.10
Tata Power 435.70
Adani Power 203.05
Power Grid Corp 319.30
Torrent Power 1622.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×