Genus Power Infrastructures, has won an order from Jharkhand Bijli Vitran Nigam (JBVNL) for supply, Installation, Commissioning, Data Collection, Report Generation and Annual Maintenance contract for 5 years of 10,000 Distribution Transformer Meters with an inbuilt CT & Modem feature. The value of the order is pegged at Rs 540 million.

Supplies are to be completed by Q1FY19. This is a significant milestone for Genus which will enhance our market position as a technologically advanced meter supplier. Post this, our total order book stands at Rs 11.49 billion.

Jitendra Kumar Agarwal, Joint MD commented, ''We are pleased to have secured this contract from JBVNL for supply and maintenance of DT Meters. This order, helps Genus to display its capabilities and position itself as a supplier of technologically advanced meters.''

Shares of the company gained Rs 1.7, or 3.12%, to trade at  Rs 56.15.  The total volume of shares traded  was  106,560 at the BSE (11.36 a.m., Thursday).