Wednesday
May 24
2023

DFC Commits $49.5 Million to Help Genus Power Expand Smart Meter Program in India

By Gautamee Hazarika

The U.S. International Development Finance Corporation (DFC) has agreed to extend a loan of $49.5 million to Genus Power Infrastructure (Genus) for the expansion of electric smart meters implementation across India.

Photo courtesy of Doris Morgan.

Source: Mercom India (link opens in a new window)

Categories
Energy, Technology
Tags
development finance, infrastructure, innovation