Genus Power Infrastructures Ltd. through its wholly owned subsidiary, has received two Letter of Awards (LoAs) worth a total of Rs. 3,115.01 crore for the development of Advanced Metering Infrastructure (AMI). This information was given by Genus Power in its press release dated 9th October 2023,
Scope of work in this order includes supplying, installing, and commissioning of 34.79 lakhs smart prepaid meters including DT meters. Field Management Services (FMS) of these smart meters are also included in scope of work. This project will be executed on Design Build Finance Own Operate Transfer (DBFOOT) basis.
The company has won this smart metering project under Reforms-Based, Result-Linked Power Distribution Sector Scheme.