{"id":589162,"date":"2023-07-05T11:53:48","date_gmt":"2023-07-05T06:23:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=589162"},"modified":"2023-07-05T11:53:48","modified_gmt":"2023-07-05T06:23:48","slug":"genus-power-shares-hit-20-upper-circuit-on-jv-formation-with-gic-affiliate","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/genus-power-shares-hit-20-upper-circuit-on-jv-formation-with-gic-affiliate\/","title":{"rendered":"Genus Power shares hit 20% upper circuit on JV formation with GIC affiliate"},"content":{"rendered":"<p>Shares of Genus Power Infrastructures hit the 20% upper circuit at Rs 168.9 in Wednesday&#8217;s trade on BSE after the company signed an agreement for setting up a platform to fund smart metering projects with an affiliate of Singapore sovereign wealth fund GIC at an initial commitment of $2 billion.<\/p>\n<p>Genus Power, founded in 1995, is amongst the largest players in India&#8217;s electricity metering solutions industry, with approximately 27% market share. The company has manufacturing plants across Jaipur, Haridwar and Guwahati, with a total installed capacity of over 10 million meters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Genus Power Infrastructures hit the 20% upper circuit at Rs 168.9 in Wednesday&#8217;s trade on BSE after the company signed an agreement for setting up a platform to fund smart metering projects with an affiliate of Singapore sovereign wealth fund GIC at an initial commitment of $2 billion. Genus Power, founded in 1995, is amongst the largest players in India&#8217;s electricity metering solutions industry, with approximately 27% market share. The company has manufacturing plants across Jaipur, Haridwar and Guwahati, with a total installed capacity of over 10 million meters.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-589162","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/589162","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=589162"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/589162\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=589162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=589162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=589162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}