Cyan wins second Larsen & Toubro contract as Tata Power Mumbai orders 5,000 more smart meters

John Cronin, executive chairman, Cyan

Cyan announced a follow-on order for a further 5,000 meters from Larsen & Toubro to expand the deployment of Cyan’s smart metering solution at Tata Power Mumbai (Tata Power).

This second order from L&T, for Cyan’s CyLec Advanced Metering Infrastructure (AMI) solution, follows the successful implementation of 5,000 consumer smart meters in Mumbai, announced by Tata Power in July 2015.

The follow-on contract is to provide a complete AMI solution for the deployment of 4,000 single phase consumer meters and 1,000 three phase meters for high use consumers and light industrial customers. The order will be delivered to Tata Power over the coming weeks.Mumbai3

Discussions have now commenced with Tata Power regarding a Framework Order to meet their future needs over a multi-year period.

John Cronin, executive chairman of Cyan, commented: “We are delighted to have a follow-on order from L&T, providing a clear signal to customers, partners and shareholders that Cyan’s AMI communications platform is ideally suited for emerging market technical requirements as well as reconfirming our leadership position in the India smart metering market. Tata Power is pioneering initiatives in the generation and transmission of electricity and the success of this project has provided Cyan with a strong customer reference for opportunities in India.

“Cyan’s communication platform is an enabling technology, delivered through a collaborative engagement model. Our eco-system of partners supports the transfer of skills to facilitate customer ownership, demonstrating a scalable business model. Due to the training investment the Company has already made in Tata Power staff, delivery of this follow on order can be achieved without on-site assistance from Cyan staff, demonstrating the scalability of its business model. I would like to thank Tata Power and Cyan’s partners, L&T and NeoSilica, for their valuable contribution and look forward to their continued support to successfully deploy the next phase of this project.”

Ashok Sethi, COO & ED, Tata Power

Ashok Sethi, COO & ED, Tata Power, commented: “Tata Power is committed to providing its customers with affordable, clean and abundant power. Cyan’s CyLec smart metering technology provides data to enable Tata Power to distribute power more efficiently, improving the reliability of the customer’s power supply and optimising peak power demand management. CyLec also provides customers with hourly usage patterns, empowering them to consume energy efficiently and reduce monthly bills.”

Currently, Mumbai is experiencing unprecedented growth, augmenting the demand for sustainable power. This is reflected in the growth of Tata Power’s consumer base which has increased by 50%, from 400,000 in 2014 to over 600,000 consumers today. Tata Power is India’s largest integrated power company with a growing international presence.

Cyan’s technology has been developed to address the requirements of utilities in emerging economies, of which India is one of the leaders. India has a growing population and 300 million without power. According to a report from Northeast Group, the Indian government will spend $21.6 billion on smart grid infrastructure over the period 2015-2025. In November 2015, the India Ministry of Power announced a program to implement smart metering for all consumers serviced by state distribution companies with completion deadlines ranging from December 2017 for high power usage households through to December 2019 for the remainder. This will be financed via the States taking over 75% of existing State power distribution company debt (through the issuance of new 10 year bonds) together with an arrangement for the States to take over future losses of the distribution companies.

Comment on this article below or via Twitter: @IoTNow_ OR @jcIoTnow


Watch the MWC Las Vegas Keynote Livestream on IoT Now

Posted on: September 28, 2022

Catch the top keynote addresses live on IoT Now

Read more

Huawei launches FRMCS solution to facilitate digital transformation of railway

Posted on: September 28, 2022

Huawei officially launched the Future Railway Mobile Communication System (FRMCS) solution at the InnoTrans 2022 and the 9th Huawei Global Rail Summit in Berlin, Germany, where special guests, Wang Guoyu, COO of Huawei Aviation & Rail BU, and Li Jie, president of Huawei Enterprise Wireless Domain, spoke about its success.

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox