GMR Group wins INR 2,470 Cr contract for UP's smart meter project, boosting urban infrastructure

18 Sep 2023 CW Team

The GMR Group, a prominent player in the infrastructure sector, has clinched a substantial contract worth INR 2,470 crore for the installation of smart meters in the state of Uttar Pradesh (UP). This significant development aims to enhance the urban infrastructure in UP and revolutionise the way electricity consumption is monitored and managed.

Under this ambitious project, GMR Group will be responsible for the deployment of advanced smart meters across various regions in UP. Smart meters enable real-time monitoring of electricity usage, which not only improves billing accuracy but also empowers consumers with better insights into their energy consumption patterns.

The adoption of smart meters aligns with the growing emphasis on energy efficiency and sustainability in India. It is expected to reduce energy wastage and promote responsible energy consumption.

This substantial contract win by the GMR Group further solidifies its position as a key player in the Indian infrastructure sector. The investment of INR 2,470 crore underscores the commitment to modernising UP's infrastructure, which is essential for the state's economic growth and development.

Overall, this project represents a significant step towards a more efficient and sustainable energy future for Uttar Pradesh, benefiting both consumers and the environment.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..