Genus Power Infrastructures bags order worth Rs 2,259.94 cr for appointment of Advanced Metering Infra Service Providers
Genus Power Infrastructures Ltd’s wholly owned subsidiary on Wednesday received a letter of award (LOA) worth Rs 2259.94 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 27.33 lakh Smart Prepaid Meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis.
Numerous State Electricity Boards (SEBs) have commenced the bidding process to procure smart meters, underscoring the positive impact of the ‘Reforms-Based, Result-Linked Power Distribution Sector Scheme.’
