Current Date: 15 Sep, 2024

CyanConnode Secures Massive 6.5 Million Smart Metering Module Deal in India

CyanConnode Pvt Ltd has achieved a significant milestone by securing its largest-ever contract for the supply of 6.5 million communication modules for smart metering projects across India. This order marks a substantial leap in CyanConnode’s role in the country’s expansive smart metering rollout and underscores its growing influence in the energy sector.

The contract, awarded by a global partner, includes the provision of CyanConnode’s Omnimesh modules, advanced metering infrastructure, and related hardware and software. The agreement also features a perpetual software license and a comprehensive support and maintenance contract. The modules are slated for delivery starting in the second half of FY25, with the installation phase expected to be completed within 27 months. Following installation, CyanConnode will provide support and maintenance for a period of 93 months.

This order nearly doubles CyanConnode's order book for India, boosting it from 6.6 million units to an impressive 13.1 million units. John Cronin, Executive Chairman of CyanConnode Holdings plc, expressed his satisfaction with the deal, highlighting the company’s successful track record with its global partner and its strengthened position in India’s nationwide smart metering initiative.

CyanConnode’s Omnimesh technology has earned a reputation for its reliability and performance, making it the preferred choice for large-scale smart metering projects. The company’s expanding footprint in India is a testament to its strategic focus on delivering innovative solutions that align with the country’s growing energy demands.

This contract not only solidifies CyanConnode’s standing in the Indian market but also sets the stage for future growth as the nation continues to modernize its energy infrastructure. The company’s commitment to excellence in smart metering technology positions it as a key player in India’s ongoing energy transformation.

News by Rahul Yelligetti

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Source : Projxnews