Project implementation agency PFC Consulting Ltd (PFCCL) has invited financial bids for the second leg of smart metering projects in Tamil Nadu. In this round, bids have been invited from advanced smart metering service providers (AMISP) for installation of Read more
Adani Energy Solutions Ltd (AESL) has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100 per cent equity stake in IntelliSmart Infrastructure Pvt Ltd. A joint venture between National Investment & Infrastructure Fund (NIIF) and Read more
The European Investment Bank (EIB) is providing 24 million Euros in financing to Wirepas, a Finnish deep-tech company developing wireless connectivity for large-scale industrial Internet of Things (IoT) applications. Wirepas will use the EIB backing to bolster research, development Read more
Polaris Smart Metering Pvt Ltd has announced that it has secured financing of Rs.7,100 million (approximately $80 million) from British International Investment (BII), for its subsidiary Hooghly Smart Metering Pvt Ltd. The financing will support the deployment of over Read more
Project implementation agency PFC Consulting Ltd (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Ltd, has sought financial bids for undertaking smart metering in select areas of Tamil Nadu. It may be noted that financial bids are being sought Read more
Genus Power has crossed a significant milestone of over 26 million smart meter deployment worldwide, a company release said. A key driver of this global milestone has been Genus Power's leadership role in India’s national grid modernization programme, where Read more
Genus Power Infrastructures Ltd witnessed accelerated execution of its smart metering projects under the Revamped Distribution Sector Scheme (RDSS), during the third quarter (Q3: October to December) of FY26. During Q3FY26, Genus Power installed 23.3 lakh smart meters with Read more
Genus Power has achieved a significant milestone in India's smart metering journey by deploying 1 crore smart meters under Revamped Distribution Sector Scheme (RDSS) across major discoms as a leading AMISP (Advanced Metering Infrastructure Service Provider). This milestone spans Read more
Adani Energy Solutions Ltd, in a release, said that it has now become the first player in India and perhaps globally to have successfully delivered 1 crore electricity smart meters across discoms. AESL has planned to deliver the next Read more
Genus Power Infrastructures Ltd has entered into an agreement to acquire full ownership of Newlectric Innovation Pvt Ltd, in which Genus currently holds minority equity stake. In a regulatory filing, Genus Power said that on January 20, 2026, it Read more