From The Economic Times · Reghu Balakrishnan · · 40s
JSW Energy, Gemstar & Actis Bid for Polaris Smart Metering
Three firms compete for ₹1,800-2,000 crore smart metering deal in India.
In brief
Three firms compete for ₹1,800-2,000 crore smart metering deal in India. JSW Energy, Gemstar Infra and Actis are bidding for Polaris Smart Metering, a ₹1,800-2,000 crore Indian smart metering company with contracts in Uttar Pradesh and West Bengal. Originally reported by The Economic Times.
Polaris Smart Metering Shortlisted
Three firms shortlisted for Polaris Smart Metering's second round of negotiations.
Bidding for ₹1,800-2,000 Crore Deal
Binding bids expected by end of October for a deal valued at ₹1,800-2,000 crore.
Polaris Smart Metering Contracts
Company secured ₹5,200 crore contract in Uttar Pradesh for 5.1 million meters and 2.2 million in West Bengal.
At a glance
JSW Energy, Gemstar Infra and Actis are bidding for Polaris Smart Metering, a ₹1,800-2,000 crore Indian smart metering company with contracts in Uttar Pradesh and West Bengal.
