Genus Power Infrastructures (GPIL) has secured a contract worth Rs 2,207.53 crore and has received a letter of award (LoA) for the same. The company has been selected as an advanced metering infrastructure service provider (AMISP).
The work entails designing the AMI system with supply, installation and commissioning of 27.69 lakh smart prepaid meters, feeder meters, DT meter level energy accounting and FMS of the smart meters.
GPIL, which provides innovative and reliable solutions as well as high-quality products and services, expects a substantial inflow of orders in the upcoming quarters of FY24.
The implementation of the revamped distribution sector scheme (RDSS) will have a positive impact on the Indian metering industry, and would also enable the transition from conventional to smart metres.