IGL Genesis Technologies, a joint venture between gas utility IGL and metering solutions supplier Genesis, has agreed to pay USD 2.4 million (about Rs 20 crore) for smart metre manufacturing technology from China s Hangzhou Beta Metre
IGL, Genesis JV buys smart meter manufacturing tech from Chinese firm Hangzhou Beta Meter for Rs 20 crore dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
New Delhi [India], March 7 (ANI/NewsVoir): Vikas Lifecare Limited is pleased to announce that its subsidiary company Genesis Gas Solutions Pvt. Ltd. (Genesis) enters into Joint Venture Agreement with Indraprastha Gas Limited (IGL) to set up India's first Integrated Smart Meter Manufacturing Plant with Capital Expenditure of Rs 1100 million. IGL and Genesis joined hands to establish India's first Integrated State-of-the-art Smart Meter Manufacturing Plant to manufacture Diaphragm Gas Meters equipped with IoT technologies like LoRa, LoRaWAN, Bluetooth, NFC, NB-IoT etc. These Smart Meters shall provide much-needed solutions to manage consumers' energy demand and metering with utmost accuracy and on real-time basis. Initially, the Smart Meter Manufacturing Plant shall have installed capacity to manufacture 1 Million Meters annually, and is planned to be operational by April 2024. The rise in disposable incomes, rapid urbanization, climate stability challenges and the government
Vikas Lifecare Limited s wholly owned subsidiary company Genesis Gas Solutions Pvt. Ltd has received the First Ever Orders for Ultrasonic Meters Gas Meters valued at INR 30 Million.
Ultrasonic meters are considered highest in efficacy in terms of accuracy and reliability, as these meters derive the volume flow of the gas by measuring the transit times of high-frequency sound waves., Companies News, Times Now