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Genus Power Infrastructures’ arm gets LoAs worth Rs 3,608 crore

21 Aug 2024 Evaluate

Genus Power Infrastructures’ wholly owned subsidiary has received three Letter of Awards (LOAs) worth totaling to Rs 3,608.52 crore (net of taxes) for appointment of Advanced Metering Infrastructure Service Providers (AMISPs) including design of Advance Metering Infrastructure (AMI) system with supply, installation and commissioning with FMS of about 4.26 million Smart Prepaid Meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis.

Earlier, the company’s wholly owned subsidiary had received three Letter of Awards worth totalling to Rs 2,925.52 crore (net of taxes). 

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.

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