# CyanConnode’s strategic leap into India’s smart metering revolution

- Link: https://www.directorstalkinterviews.com/cyanconnodes-strategic-leap-into-indias-smart-metering-revolution/4121197496
- Published: 2025-05-20T12:36:00+01:00
- Author: Amilia Stone

[CyanConnode Holdings](https://www.directorstalkinterviews.com/company/cyanconnode-holdings-plc/cyan.l)
plc has secured its largest contract to date, marking a significant milestone in
India’s ambitious smart metering initiative. The company has been awarded a contract
to supply 6.5 million Omnimesh communication modules, a move that nearly doubles
its existing order book in India from 6.6 million to 13.1 million units.

This substantial contract encompasses the provision of Omnimesh Modules, Advanced
Metering Infrastructure (AMI), standards-based hardware, Omnimesh Head-End Software,
a perpetual license, and a comprehensive support and maintenance agreement. The 
deployment is scheduled to commence in the second half of FY2025, with installations
expected to be completed over a 27-month period, followed by a 93-month support 
phase.

India’s smart metering market is experiencing rapid growth, driven by government
initiatives aimed at modernising the country’s energy infrastructure. The market
is projected to reach USD 3,179.5 million by 2032, growing at a compound annual 
growth rate (CAGR) of 34.57% from USD 219.7 million in 2023 . CyanConnode’s strategic
focus on this market positions it to capitalise on the increasing demand for efficient
energy management solutions.

In addition to the 6.5 million module contract, CyanConnode’s Indian subsidiary,
DigiSmart Networks, has secured a £70 million contract to deploy approximately 750,000
smart meters in Goa. This project marks the company’s first major undertaking as
an Advanced Metering Infrastructure Service Provider (AMISP) and includes the supply
of smart meters, RF and cellular communications, cloud services, and a meter data
management system.

CyanConnode’s Omnimesh technology, based on IPv6 narrowband RF mesh networks, is
designed to enable utilities to gather accurate and timely customer metering data.
This supports loss reduction programmes and enhances energy cost efficiency, addressing
India’s significant power loss challenges, which amount to approximately $32 billion
annually due to inefficient infrastructure and metering issues.

The company’s commitment to local engagement is evident through its establishment
of a local team in India and manufacturing facilities aligned with the ‘Make in 
India’ programme. CyanConnode has also established a significant in-country partner
ecosystem encompassing multiple meter manufacturers, system integrators, and utilities.

_**CyanConnode Holdings plc** ([LON:CYAN](https://www.directorstalkinterviews.com/company/cyanconnode-holdings-plc/cyan.l))
is a world leader in the design and development of Narrowband RF mesh networks that
enable Omni Internet of Things (IoT) communications. _

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