CyanConnode Holdings plc (LON:CYAN), a global leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, has announced the receipt of an order for 265,331 Omnimesh Modules from Madhyanchal One Infrastructure Private Limited, a subsidiary of IntelliSmart Infrastructure Private Limited (IntelliSmart). In addition to the modules, the order includes Advanced Metering Infrastructure (AMI), Standards-Based Hardware, Services, Omnimesh Head-End Software, a Perpetual License, and an Annual Maintenance Contract.
The order will support a new smart metering deployment for Madhyanchal Vidyut Vitaran Nigam Ltd (MVVNL), a utility located in Lucknow, India. This is the fifth order received under a Strategic Framework Agreement, which was signed in February 2023. These orders support the deployment of smart metering for five different utilities, thereby increasing CyanConnode’s footprint in India as the nationwide rollout of smart meters gains momentum.
The supply of Omnimesh Modules for this project is expected to commence during Q1 FY 2025, and the supply of all hardware is expected to be completed during FY 2025. A support and maintenance contract will be in effect for a period of seven and a half years after the go-live stage.
John Cronin, Executive Chairman of CyanConnode, commented:
“We are delighted to announce a fifth order from IntelliSmart received under the Strategic Framework Agreement. CyanConnode’s influence in India continues to grow as the nationwide rollout of smart meters gains momentum. This order takes our cumulative order book for India to 6.6 million Omnimesh modules, of which we have successfully delivered 2.8 million modules by the end of FY 2024.”
