Tata Power Successfully Implements Cyan Smart Metering Solution
Cyan Holdings (AIM:CYAN) announced this morning that Tata Power has Successfully Implemented Cyan Smart Metering Solution to 4000 consumers in a region of Mumbai.
Contract Update In July 2014, Cyan announced that it had received an order from Larsen & Toubro (“L&T”) to provide a complete CyLec® Advanced Metering Infrastructure (AMI) solution to Tata Power Mumbai. The initial contract with Tata Power was for the deployment of 5,000 consumer meters in a district in Mumbai. The Company reported today that 4,000 meters are now live with the remainder expected to be completed before the end of Q2 2015. The Cyan RF modules were installed inside the L&T smart meters that have been deployed by Tata Power. The smart meters, integrated with Tata Power’s control…