Genus Power and its subsidiary Hi-Print Metering Solutions received LOA worth Rs. 2,855.96 crore for AMI services including design, supply, installation, and commissioning of 29.49 Lakh Smart Prepaid Meters, DT Meters, HT, and Feeder Metering energy accounting, and FMS.
Many SEBs have solicited bids for smart meter installations, showing positive results from the ‘Reforms-Based, Result-Linked Power Distribution Sector Scheme.’ The company expects strong order inflow in FY24.
About Genus Power Infrastructure: Genus Power Infrastructures, established in 1992 and part of the Kailash Group, specializes in manufacturing and offering metering solutions and performing engineering, construction, and turnkey contracts (core division) while also engaging in strategic investments.
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