Genus Power Infrastructures announced that a Rs 2,209.84 crore order for the supply and installation of 21.77 lakh smart pre-paid power metres had been received.

A letter of award (LOA) for Rs 2,209.84 crore (net of tax) has been given to the corporation for the hiring of an advanced metering infrastructure service provider.

According to a corporate statement, this includes designing the advanced metering infrastructure and providing, installing, and commissioning 21.77 lakh prepaid smart metres under the redesigned distribution sector plan (RDSS).

Post this order inflow, our total order book stands in excess of Rs 8,200 crore (net of tax). Many state electricity boards have initiated the process of inviting bids for the deployment of smart meters, which serves as a testament to the positive impact of the 'reforms-based, result-linked power distribution sector scheme'," it stated.