The Emerging 100: Genus Power is growing steadily, meter by meter

SMART METERS PROVIDE accurate billing for consumers and utility providers. For Genus Power Infrastructures Limited they’ve provided growth. Genus Power, an advanced metering infrastructure service provider (AMISP) for the power sector, has seen steady growth in recent years, powered by the smart metering initiative that has gripped the country for more than a decade.

AMI refers to the entire infrastructure ecosystem, beginning with smart meter installation to the communication network controlling the equipment and all the intermediate applications for gathering and transmission of energy usage data. Set up in 1994, Genus Power has transformed from a manufacturing and technology firm to an AMI integrator, and service and software provider in the energy segment. “At Genus Power, our journey began with a simple belief — that India must build its own world-class electronics and power infrastructure solutions. We pioneered electronic metering long before the industry recognised the shift,” Ishwar Chand Agarwal, chairman, Genus Power Infrastructures Ltd, tells Fortune India.