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Genus Power bags order worth Rs.125 crore

Genus Power Infrastructures has bagged an order for supply, installation, shifting and commissioning of 30,000 3Q meters, LT CT & HT meters with accessories including generation of first bill cycle & other incidental services.

The cost of the order is worth Rs.125 crore and supplies will start from Q1FY19. The company won an order under the government schemes – Deendayal Upadhyay Gram Jyoti Yojna (DDUGJY) and Integrated Power Development Scheme (IPDS). The meters are to be installed at CESU, NESCO, SOUTHCO and WESCO utility in Odisha on turnkey basis.

Further, Genus Power Joint MD, Jitendra Kumar Agarwal stated, “We are pleased to have secured this contract for supply and maintenance of LT, CT & HT Meters.This order, further validates our technical and product development expertise. Our focus on product development and order fulfillment, has helped us expand our order book and position Genus as a supplier of technologically advanced meters.”

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