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22-Mar2018

Genus Power bags order worth Rs 125 crore

Genus Power Infrastructures has won an order for supply, installation, shifting & commissioning of around 30,000 3Q meters, LT, CT & HT meters with accessories including generation of first bill cycle & other incidental services. The value of the order is pegged at Rs 125 crore. Post this, the total order book stands at Rs 1,260 crore.

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. The supplies are to begin in Q1FY19.

Genus Power Infrastructures  is engaged in the manufacture and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS and online UPS in India and abroad.


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