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ITI lowest bidder for 50 lakh smart meter auction by EESL

ITI lowest bidder for 50 lakh smart meter auction by EESL

State-run ITI Ltd has emerged as the lowest bidder for 50 lakh smart meters quoting a rate of Rs 2,503 per unit, followed by Genus Power and KEONICS in a reverse auction by EESL.

Earlier this month, L&T had quoted the lowest price for smart meters at Rs 2,722 per unit, which was 40-50 per cent lower than the current market price. read more →

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