Genus Power Infrastructures Limited has informed the Exchange regarding 'Intimation of Receipt of Consent to Operate (CTO)'.
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Genus Power Infrastructures has received the Consent to Operate (CTO) from the authorities on February 26, 2026 for its new state-of-the-art moulding plant located at RIICO Industrial Area, Keshwana, Kotputli, Rajasthan. The CTO is effective from February 10, 2026 to January 31, 2036, giving a 10-year operating window. The company has already commenced regular production of moulding parts at this facility. This plant supports the company's strategy of backward integration of core technologies and processes for its metering solutions business.
Positive development for shareholders — the new plant strengthens backward integration, which can improve margins and supply chain control in the metering solutions business. Commissioning of a new facility signals execution of growth plans and future revenue potential.