GMR Smart Electricity Distribution gets Rs 7,593-cr order for meter in UP
GMR Power and Urban Infra Limited (GPUIL) on Monday announced that its arm GMR Smart Electrical Distribution Company has been awarded a smart metering project worth Rs 7,593 crore in Uttar Pradesh.
The project has been secured under the Government of India’s Revised Distribution Sector Scheme (RDSS) programme.
“Subsidiary GMR Smart Electricity Distribution Pvt. Ltd has secured a prestigious order of Rs 7,593 crore. The order, received under the DBFOOT (Design, Build, Finance, Own, Operate and Transfer) model, entails 75.69 lakh of prepaid smart meters via Harassment, Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL) and the largest aggregate order of its kind.”
The project will cover 22 districts covering prominent areas like Varanasi, Prayag Raj, Agra, Mathura and Aligarh, among others.
Srinivas Pommidala, Chairman, GMR Energy Group, said: “These gains underscore GMR’s commitment to transition to a green and technology-driven energy business with a customer-centric growth strategy. With this mandate, GMR Group is entering into B2C business in the energy sector on a large scale and will create value for GPUIL shareholders. We see this as a good start for our Energy 2.0 business areas in the new energy sector strategy.”
The scope of the project includes the design, supply, installation, commissioning, operation and maintenance of prepaid smart meter infrastructure covering consumer premises, as well as at the network level, including distribution transformers and feeders for a period of 10 years.
GMR Power and Urban Infra Limited (GPUIL) is part of the GMR Group. She has experience in the energy, urban infrastructure and transportation sectors.
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