GMR subsidiary wins Rs 51.23 bn smart meter project in Uttar Pradesh
POWER & RENEWABLE ENERGY

GMR subsidiary wins Rs 51.23 bn smart meter project in Uttar Pradesh

GMR Smart Electricity Distribution (GSEDPL), a subsidiary of GMR Power and Urban Infra, has secured a significant contract worth Rs 51.2337 billion for a smart meter project in Uttar Pradesh. The award, presented by Purvanchal Vidyut Vitran Nigam, pertains to the deployment of smart meters in various regions of Uttar Pradesh, including Varanasi, Azamgarh, Prayagraj, and Mirzapur, as announced by the company on September 3.

Under this agreement, GSEDPL will assume responsibility for the installation, integration, and ongoing maintenance of 50.17 lakh smart meters within these specified areas.

The project is structured with a 27-month implementation phase commencing upon contract execution, followed by an operational phase lasting 93 months.

The total contract value is divided into approximately Rs 23.8672 billion for the Prayagraj and Mirzapur Zone and roughly Rs 27.3665 billion for the Varanasi and Azamgarh Zone, as disclosed by the company.

This Letter of Award (LoA) was granted following a rigorous e-tender process administered by Uttar Pradesh's distribution companies (DISCOMS). The project is anticipated to unfold over a span of 10 years.

The Advanced Metering Infrastructure (AMI) Project encompasses the provisioning, installation, integration, commissioning, and operation and maintenance of smart meters, employing a DBFOOT (Design, Build, Finance, Own, Operate, Transfer) approach. The company emphasises the utilisation of cutting-edge technology and software solutions to achieve fully automated end-to-end functionality.

GMR Smart Electricity Distribution (GSEDPL), a subsidiary of GMR Power and Urban Infra, has secured a significant contract worth Rs 51.2337 billion for a smart meter project in Uttar Pradesh. The award, presented by Purvanchal Vidyut Vitran Nigam, pertains to the deployment of smart meters in various regions of Uttar Pradesh, including Varanasi, Azamgarh, Prayagraj, and Mirzapur, as announced by the company on September 3.Under this agreement, GSEDPL will assume responsibility for the installation, integration, and ongoing maintenance of 50.17 lakh smart meters within these specified areas.The project is structured with a 27-month implementation phase commencing upon contract execution, followed by an operational phase lasting 93 months.The total contract value is divided into approximately Rs 23.8672 billion for the Prayagraj and Mirzapur Zone and roughly Rs 27.3665 billion for the Varanasi and Azamgarh Zone, as disclosed by the company.This Letter of Award (LoA) was granted following a rigorous e-tender process administered by Uttar Pradesh's distribution companies (DISCOMS). The project is anticipated to unfold over a span of 10 years.The Advanced Metering Infrastructure (AMI) Project encompasses the provisioning, installation, integration, commissioning, and operation and maintenance of smart meters, employing a DBFOOT (Design, Build, Finance, Own, Operate, Transfer) approach. The company emphasises the utilisation of cutting-edge technology and software solutions to achieve fully automated end-to-end functionality.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement