- Business
- Genus Power Infrastructures Limited, incorporated in 1992 and headquartered in Jaipur, India, manufactures and supplies smart metering solutions and undertakes engineering, construction, and contracts for power infrastructure projects as part of the Kailash Group. The company offers a comprehensive range of electricity meters including multi-functional single-phase and three-phase meters, CT-operated meters, ABT and grid meters, distribution transformer meters, prepaid meters, smart meters, advanced metering infrastructure solutions, and meter data acquisition systems; it also provides gas meters, net meters, smart street light management solutions, head-end systems, domain-related software, and SaaS through facility management services to utilities in power, gas, and water sectors. Its engineering division executes turnkey projects such as substation erection up to 420kV, transmission and distribution line laying, rural electrification, switchyards, and network refurbishment, with operations primarily in India and expanding across the Asia-Pacific region where it holds an approximate 27% market share in electricity metering and has installed over 80 million meters. Recent developments include the 2023 partnership with a GIC affiliate to form a $2 billion platform for smart metering projects, where Genus serves as the exclusive supplier with a 26% stake; multiple wholly-owned subsidiaries incorporated in 2024 such as Genus Alfa, Beta, Gamma, and Delta Smart Metering Private Limited for advanced metering infrastructure and meter manufacturing; and a strategic alliance with Panasonic India announced at Electronica India 2024.