Genus Power Infrastructures Ltd said that it aims to install at least 1 crore smart meters during FY27.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) formally transferred project SPV “Vizag Power Transmission Ltd” housing an ISTS scheme to its winning developer Adani Energy Solutions Ltd (AESL), selected under the tariff-based competitive bidding (TBCB) mechanism.
EnerGrid, an investment platform co-promoted by IndiGrid Infrastructure Trust (IndiGrid), expects capital expenditure of around Rs.5,800 crore in developing two interstate transmission system (ISTS) schemes that it won under the tariff-based competitive bidding (TBCB) mechanism in the first quarter (Q1: April to June) of FY27.