Gemstar Infra India Private Limited

Gemstar Infra India Private Limited (‘Gemstar’) is a wholly owned subsidiary of Gemstar Infra Pte Ltd, a Singapore based company which is a platform between GIC and Genus Power Infrastructures Limited. Gemstar has been established to act as Advanced Metering Infrastructure Service Provider (AMISP) for smart metering projects in India. Genus would be the exclusive service provider to Gemstar for supply, installation and O&M of smart meters. The Government of India is implementing a National Smart Metering Project, under the Revamped Distribution Sector Scheme (RDSS), with a plan to install 250 million meters by 2025 with an estimated investment of US$30 billion. With technical and commercial losses exceeding 15% for all major Indian utilities, smart metering projects under the RDSS scheme are conceptualized to reduce such losses, improve operational efficiency and improve their financial sustainability by providing results linked financial assistance.