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Press Release21 Aug 2024, 12:05 am

Genus Power Infrastructures Wins Orders Worth Rs 3,608.52 Cr

AI Summary

Genus Power Infrastructures Limited’s wholly owned subsidiary has received three Letter of Awards (LOA) worth totaling to Rs. 3,608.52 crore (net of taxes) for appointment of Advanced Metering Infrastructure Service Providers (AMISPs) including design of Advance Metering Infrastructure (AMI) system with supply, installation and commissioning with FMS of about 4.26 million Smart Prepaid Meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis. This success highlights the trust our clients place in our expertise and the exceptional quality of our offerings. With these recent orders, the total order book stands at about Rs. 28,000 crore (net of taxes) providing clear visibility into the Company's robust future growth.

Key Highlights

  • Genus Power Infrastructures wins orders worth Rs 3,608.52 crore (net of taxes)
  • Orders received for appointment of Advanced Metering Infrastructure Service Providers (AMISPs)
  • Includes design of Advance Metering Infrastructure (AMI) system with supply, installation and commissioning
  • Total order book stands at about Rs. 28,000 crore (net of taxes)
  • Concessions are for 8 to 10 years, providing clear visibility into the Company's robust future growth
GENUSPOWER
Other Electrical Equipment
GENUS POWER INFRASTRUCTURES LTD.-$

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