GMR Secures ₹21 Billion Loan from IREDA for Smart Meter Installation Project
GSEDPL had won the smart meter installation project in July 2023
January 9, 2025
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GMR Smart Electricity Distribution (GSEDPL), a subsidiary of GMR Power and Urban Infra (GPUIL), has secured approval for a loan of ₹21.28 billion (~$247.66 million) from the Indian Renewable Energy Development Agency to part finance smart meter installation in Uttar Pradesh.