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Cyan Holdings Wins Smart Metering Deal in India

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7/1/2014
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CAMBRIDGE, UK -- Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that a consortium led by Larsen & Toubro (“L&T”) has been selected by Tata Power Mumbai for the deployment of Cyan’s CyLec Advanced Metering Infrastructure (“AMI”) solution in India.

Tata Power Mumbai (“Tata”) is a Tata Group company and part of India’s largest integrated power company with a significant international presence and approximately 400,000 retail customers in Mumbai. Tata have spent the last 12 months evaluating the consortium’s technology and following the success of this evaluation, Cyan has now received an order from L&T to provide a complete AMI solution consisting of 865MHz RF modules, Data Concentrator Units, Head-End Server software licenses, onsite software installation services and an annual software maintenance contract. The Cyan 865MHz radio communication modules will be installed inside the L&T smart meters that will be deployed for Tata. The initial contract with Tata is for the deployment of 5,000 consumer meters in a district in Mumbai and is currently planned to go live in early 2015.

The consortium members include L&T (consortium lead partner), Cyan and Neosilica, who in partnership will provide an integrated CyLec AMI solution to Tata. L&T will supply smart meters, with CyLec wireless technology inside, and Neosilica will provide a Meter Data Acquisition System (“MDAS”) interface from Cyan’s Head End Server into Tata’s Meter Data Management System for billing and fault management.

Cyan Holdings plc

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