Jaipur, 18^th February 2026 : Genus Power (NSE:
GENUSPOWER| BSE: 530343) India’s leading end-to-end
energy measurement solutions provider has achieved a significant milestone in
India’s smart metering journey by deploying 1 crore smart meters under Revamped
Distribution Sector Scheme (RDSS) across
major DISCOMs as a leading AMISP. This
milestone spans installations across nine states, reflecting Genus’s
robust pan-India execution capability and its critical role in advancing
large-scale DISCOM reforms.

The company has recently added a new integrated manufacturing
facility at Kotputli along with Jaipur, Haridwar, Guwahati to
strengthen its manufacturing capabilities, and continues to enable India’s grid
modernization and digital energy transformation.

Reinforcing its execution prowess is Genus’s world-class
manufacturing and R&D capability, which churns out high-quality and trusted
smart meters. This conviction is reflected in the deployment of another 1.5
crore smart meters manufactured by Genus, through various other AMISPs and
Utility partners who rely on Genus’ robust production capacity, stringent
testing standards, dependable supply chain, and proven meter performance.

With a total of 2.5 crore Genus’s smart meters operational
across India, out of nearly 5.62 crore
deployed nationally; the company has cemented its leadership position as the
country’s most trusted and capable smart metering technology provider. This
feat is powered by Genus’s integrated strengths across design, manufacturing,
communication technologies, execution, and long-term system reliability. This
unparalleled scale of deployment is transforming consumer experience by
ensuring greater billing accuracy, enhanced transparency, faster grievance
resolution, and real-time consumption visibility which empowers households and
businesses to effectively manage energy utilization.

Commenting on the landmark milestone, Mr. Jitendra Kumar
Agarwal, Joint Managing Director, Genus Power, said, “Crossing the 1
crore smart meter mark is a defining moment not just for Genus Power, but for
India’s power distribution transformation. RDSS represents largest smart
metering rollouts globally, and this milestone reflects the sector’s clear
shift toward system resilience and execution at scale. This journey has been
built on conviction, faith in the reform, and confidence in India’s domestic
manufacturing capabilities. India’s power reforms now demand the right
power-tech infrastructure, and Genus is on war-footing to support utilities as
this transformation moves into its most critical phase.”

As smart meter penetration deepens, Genus is creating a strong
digital backbone for India’s power infrastructure- enabling better grid
planning, efficient peak-demand management, loss reduction, and integration of
renewable energy at an unmatched scale. Under RDSS, India aims to replace 25
crore conventional meters with smart meters by 2028, and Genus Power has
emerged as a trusted and reliable partner to enable India’s National Smart Grid
Mission.

Genus is also expanding its global footprint across Africa, the
Middle East, Southeast Asia, Pacific and SAARC markets. Backed by strong
hardware capabilities and a 300+ member software team, Genus delivers
end-to-end digital and metering solutions, positioning itself as a trusted
partner for utilities globally.

About Genus Power Infrastructures Ltd.:

Genus Power Infrastructures Limited (GPIL) is a BSE- and
NSE-listed company and India’s leading provider of end-to-end smart energy
measurement solutions for electricity, gas, and water. With major market share,
Genus is the country’s largest manufacturer of smart meters for the power
sector and a key player in the Advanced Metering Infrastructure Service
Provider (AMISP) ecosystem, delivering utility projects under the TOTEX model
with integrated hardware, software, infrastructure, and operational services.
Genus offers comprehensive metering solutions, including FMS, communication
systems, and proprietary software platforms such as Head End Systems, Meter
Data Management (MDM), and mobile applications-enabling remote monitoring,
demand response, and data-driven grid optimization. The company is continuously
advancing its platform toward SaaS, cross-energy integrations, and AI-based
predictive solutions. With ISO 9001 and ISO 14001 certifications and compliance
with IS, IEC, and MID standards, Genus operates large-scale, fully integrated
manufacturing facilities in Jaipur, Haridwar, and Guwahati. Its automated SMT
lines, robot-assisted moulding, and lean manufacturing processes — supported by
complete forward and backward integration—ensure precision, speed, and
consistent quality. Backed by a Government of India–recognized R&D centre,
Genus delivers innovative, reliable, and energy-efficient technologies for
utilities in India and across Africa, the Middle East, Southeast Asia, Pacific,
and SAARC regions. A key enabler of India’s National Smart Grid Mission, Genus
Power is shaping the future of smart energy management through productivity,
innovation and purpose. Our focus remains on delivering innovative, customized
solutions at an affordable cost, supported by robust in-house R&D and
state-of-the-art manufacturing facilities, accredited by the Ministry of
Science and Technology, Government of India. In a world transitioning toward
renewable and decentralized power, we ensure that energy does not merely exist
— it propels prosperity by working effortlessly for every user.