Genesis Gas Solutions Secures Gas Meters Order Valued at Rs. 49.5 Crore

In a notable development, Genesis Gas Solutions, a material subsidiary of Vikas Lifecare Limited, has successfully secured a substantial order to supply 40,000 Gas Meters. The aggregate value of the order stands at a noteworthy INR 495 Million. The esteemed client for this venture is Gujarat Gas Limited, India's Largest City Gas Distribution company.

Vikas Lifecare Ltd. holds a 95% equity stake in Genesis Gas Solutions, a company dedicated to the development of "Smart Products," with a focus on Smart Gas Meters and Power Distribution solutions tailored for the infrastructure segment.

This significant contract with Gujarat Gas Limited not only underscores the capabilities of Genesis Gas Solutions in providing innovative and efficient gas metering solutions but also solidifies its position as a key player in the industry. The order aligns with Vikas Lifecare Limited's strategic vision of fostering growth and innovation in the infrastructure segment through its subsidiary's expertise in developing cutting-edge "Smart Products."

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