CyanConnode embedded in India’s grid transition

CyanConnode

India’s goal to install 250 million smart meters by 2026 is now fully underway, with central government support and state-level contracts translating into faster execution on the ground. Installation rates have jumped from 11,000 per day to over 80,000, with targets pointing higher.

CyanConnode is one of the few companies already embedded in that layer. Through its India-based subsidiary and local partnerships, it is delivering narrowband RF mesh networks designed specifically for utility communication. It is the core infrastructure that ensures every meter transmits data consistently, even in remote or complex geographies.

The company’s Omnimesh platform, built on IPv6, is already in use across Indian utility deployments. It is integrated with Tier-1 meter manufacturers and contracted to deliver connectivity to hundreds of thousands of endpoints. With India’s rollout now expanding, that installed base is expected to grow substantially.

CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. 

Share on:
Find more news, interviews, share price & company profile here for:

CyanConnode secures £1.2m follow-on order for in MENA region

CyanConnode has received a follow-on order worth over AED 5.8 million (£1.2m) for cellular gateways in the MENA region. The contract supports a multi-year smart metering rollout, with delivery scheduled by 31 March 2026.

CyanConnode posts Annual Report and confirms AGM details

CyanConnode has posted its Annual Report & Accounts and Notice of AGM to shareholders requesting a hard copy. The AGM will be held at 11.00am on 21 August 2025 at Panmure Liberum, London.

CyanConnode triples order book to £180m as Q1 FY26 shipments jump over 3x

CyanConnode grew its contracted order book from £50m to £180m and secured a c.£70m Goa AMISP contract. Gross margin rose to 35%, and Q1 FY26 module shipments climbed to 568,000 from 170,000, signalling renewed deployment momentum.

CyanConnode fully funds Goa smart metering contract

CyanConnode has secured full external funding for its Goa smart metering project, preserving its balance sheet and enabling rapid delivery. A further US$7.5 million convertible loan note strengthens working capital as it targets India’s national rollout.

Cyanconnode Targets South Africa and Scales Solutions in Smart Gas, Water, Lighting and EV 

Cyanconnode is expanding into South Africa with its smart metering solutions. EVP Rahul Das says the company’s platform is ready for deployment as utilities seek more connected, data-driven infrastructure.

CyanConnode signs £70m smart meter contract in Goa

CyanConnode Holdings PLC has officially signed a £70 million contract with Goa’s Electricity Department to deploy 750,000 smart meters, marking a significant project milestone.

Search

Search