Genus Power Infrastructures' unit is set to acquire the smart metering project in Durg Rajnandgaon Jagdalpur. This move aligns with the company's strategic expansion in India's smart metering sector. Genus Power has recently secured significant contracts, including a ₹3,121 crore order for advanced metering infrastructure. The company is well-positioned to capitalize on India's ambitious smart metering initiatives, supported by partnerships like the $2 billion venture with GIC.
Sources: Business Standard, Moneycontrol, Mercom India