NCC will source meters, set up the required infrastructure including installation of the meters, operate them for the mentioned number of years and handover to discoms, while getting paid by them all along (I don’t know much about how this will be funded, the monthly or annual revenue & margins for this project)
Genus will also do the above but they won’t buy meters as they produce it themselves and hence may have slightly better margins. Additionally, they will also supply such advance meters for pure EPC companies like NCC, GMR Infra etc
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