Genus Power Infrastructures, has won an order from EESL for supply of 13.5 lakh smart meters for the states of Haryana and Uttar Pradesh. This tender was opened in October by EESL for the supply of 50 lakh Smart Meters where Genus emerged as L2 bidder. The value of the order is pegged at Rs 4.53 billion.

Post this wind, our total order book stand at Rs 12.26 billion. Supplies are expected to commence from Q1FY19. This is a significant milestone for Genus which will enhance our market position.

Jitendra Kumar Agarwal, Joint MD commented, ''We are pleased to have secured a large order from EESL in the Smart Meter segment. This is the beginning of the Smart Meter era in the country and being part of this order will enhance the brand value of Genus. We are confident to play a significant role in the digitization phase the power sector in India will witness in the next few years.''

Shares of the company gained Rs 0.45, or 0.68%, to trade at Rs 66.20. The total volume of shares traded was 208,421 at the BSE (10.09 a.m., Wednesday).