Genus Power Infrastructures Limited’s wholly owned subsidiary has been awarded three Letters of Award (LOAs) totaling ₹4,469.04 crore (net of taxes). These awards are for the appointment of Advanced Metering Infrastructure Service Providers (AMISPs), including the design, supply, installation, commissioning, and future maintenance of approximately 5.59 million Smart Prepaid Meters, system meters, and DT Meters, along with energy accounting on a DBFOOT basis.
Mr. Jitendra Kumar Agarwal, Joint Managing Director of Genus Power Infrastructures Ltd., remarked, “We are excited to announce that Genus Power Infrastructures Limited continues its impressive growth trajectory with the acquisition of substantial orders, further cementing our leadership in the smart metering sector. Recently, we secured three major orders totaling ₹11,003.08 crore (net of taxes), which includes ₹2,925.52 crore (net of taxes) and ₹3,608.52 crore (net of taxes) awarded in the third week of August, along with the latest ₹4,469.04 crore (net of taxes) order. These recent achievements increase our total order book to approximately ₹32,500 crore (net of taxes). The contracts span 8 to 10 years, providing us with clear visibility into the Company’s strong future growth prospects.”