Genus Smart Metering Solutions

Making Smart Cities & Smart Grids possible

End to End Metering Solution Provider with Proven capabilities in Design, Technology, Manufacturing, Deployment and Support Services

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Genus Power JMD, Mr. Jitendra Kumar Agarwal Interview with CNBC TV 18 | Tie Up With GIC | Power Sector

Genus Power Infrastructures Ltd (“Genus”) is excited to announce the signing of definitive agreements with Gem View Investment Pte Ltd, an affiliate of GIC, Singapore (“GIC”) for: Setting up of a Platform (“Platform”) for undertaking Advanced Metering Infrastructure Service Provider (“AMISP”) concessions. GIC will hold 74% (seventy four percent) stake while Genus will hold 26% (twenty six percent) stake in the Platform. The partners have committed to an initial pipeline with a capital outlay of (approx.) USD 2,000,000,000 (USD Two billion). Genus would be the exclusive supplier to the Platform for smart meters and associated services; and Investment by Chiswick Investment Pte Ltd, an affiliate of GIC, of up to INR 519,00,00,000 (INR Five Hundred and nineteen crores) by way of a preferential allotment of warrants which shall constitute (if and when GIC elects to exercise such warrants) 15% (fifteen percent) of the issued and paid-up share capital of Genus on a fully diluted/as converted basis.

Read More : https://www.gic.com.sg/newsroom/all/gic-genus-smart-metering-platform/

Genus Initiates Smart Meter Installation in Uttarakhand for Enhanced Power Efficiency

Genus becomes first and only Indian Company to get BIS certification for Gas Meters