Genus Power bags orders worth over Rs 2925 crore
Electricity metering solutions provider Genus Power Infrastructures has bagged an order worth Rs Rs 2,925.52 crore. The firm's wholly-owned subsidiary received three letters of award (LOA). As per the firm, the scope of the projects entails the appointment of advanced metering infrastructure service providers (AMISPs) including the design of advanced metering infrastructure (AMI) system with supply, installation, and commissioning with FMS of about 3.75 million smart prepaid meters, system meters including DT meters with corresponding energy accounting on DBFOOT (design, build, finance, own, operate and transfer.) basis.
These concessions are for 8 to 10 years as per the updates.
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