Genus Power supplies 1.5 mn smart meters to EESL

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Genus Power supplies 1.5 mn smart meters to EESL

Genus Power supplies 1.5 mn smart meters to EESL

Industry News
Aug 18,20

Creates history by becoming Asia-PacificÃ¢â‚¬â„¢s first company to supply 1.5 million smart meters to Energy Efficiency Services Ltd (EESL), which is playing a vital role in implementing IndiaÃ¢â‚¬â„¢s ambitious plan of rolling out 240 million smart meters in next 3 years.

Genus Power supplies 1.5 mn smart meters to EESL

Jaipur (Rajasthan)

Genus Power Infrastructures Ltd, the countryÃ¢â‚¬â„¢s largest electricity metering solutions provider, has become the first company in Asia Pacific to achieve the milestone of supplying 1.5 million smart meters to Energy Efficiency Services Ltd (EESL), bearing a testimony of the manufacturing capability of an Indian company for such an advance meter amid global competition.

Genus Power is one of the leading suppliers of smart meters in India and is currently executing a big contract for EESL. Energy Efficiency Services Ltd is playing a vital role in implementing IndiaÃ¢â‚¬â„¢s ambitious plan of rolling out 240 million smart meters in next 3 years as planned by the Ministry of Power, Government of India.

Excited with this achievement, Jitendra K Agarwal, Jt Managing Director, Genus Power, said, Ã¢â‚¬Å“As a leader in the smart metering industry, we are proud to be the first in India to achieve this figure. The smart meters commissioned in various states have played an important role during the COVID 19 pandemic. The nationwide lockdown and social distancing prohibited DISCOMs from physically taking the monthly meter readings. All states where Genus Power smart meters were installed have been able to take readings remotely that resulted in bill generation & collection, helping DISCOMs to sustain their operations.Ã¢â‚¬Â

Saurabh Kumar, Managing Director, EESL, added, Ã¢â‚¬Å“Smart meters offer numerous benefits to DISCOMs a s well as consumers. They also have the potential to make the power sector increasingly resilient, transparent, digitised, and accountable. A seamless and consumer focused energy ecosystem is the way forward and thus we must encourage the adoption of smart meters across the country.Ã¢â‚¬Â

Riding on its large installed base of more than 60 million electricity meters and domain expertise, Genus Power has embarked on an ambitious programme on smart metering in line with the Smart Grid vision of the Government of India. The company is currently exporting its products to Middle East, Africa and Asia Pacific regions.

Genus Power, with an annual production capacity of 10 million meters, has its own in-house R&D, tool room, advanced software, and state-of-the-art infrastructure at multiple locations. This enables Genus to present itself as an ideal OEM manufacturing partner and cater to the local & global demand of exceptional customisation.