{"id":588998,"date":"2023-07-05T09:42:54","date_gmt":"2023-07-05T04:12:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=588998"},"modified":"2023-07-05T10:10:52","modified_gmt":"2023-07-05T04:40:52","slug":"genus-gic-affiliate-to-set-up-platform-to-fund-smart-metering-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/genus-gic-affiliate-to-set-up-platform-to-fund-smart-metering-projects\/","title":{"rendered":"Genus, GIC affiliate to set up platform to fund smart metering projects"},"content":{"rendered":"<p>Genus Power Infrastructures Ltd (Genus Power) on Tuesday announced the signing of definitive agreements with Gem View Investment, an affiliate of GIC, Singapore for setting up a platform for undertaking advanced metering infrastructure service provider concessions. <\/p>\n<p>GIC will hold a 74 per cent stake while Genus will hold a 26 per cent stake in the platform, the company said in a BSE filing. <\/p>\n<p>The two partners have committed to an initial pipeline with a capital outlay of $2 billion. Genus would be the exclusive supplier to the platform for smart meters and associated services, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Genus Power Infrastructures Ltd (Genus Power) on Tuesday announced the signing of definitive agreements with Gem View Investment, an affiliate of GIC, Singapore for setting up a platform for undertaking advanced metering infrastructure service provider concessions. GIC will hold a 74 per cent stake while Genus will hold a 26 per cent stake in the platform, the company said in a BSE filing. The two partners have committed to an initial pipeline with a capital outlay of $2 billion. Genus would be the exclusive supplier to the platform for smart meters and associated services, it said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-588998","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/588998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=588998"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/588998\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=588998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=588998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=588998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}