Business
Letter of Award
Letter of Award.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n\n12 May 2025\n \nCyanConnode Holdings plc\n(\"CyanConnode\" or the \"Company\")\n \nLetter of Award for GOA Contract\n \nCyanConnode Holdings PLC (AIM: CYAN), a global provider of IoT communication and smart metering solutions, is pleased to confirm that, further to its announcement on 14 April 2025 regarding the Government of Goa's Electricity Department's intention to award a contract worth approximately £70 million to its Indian subsidiary, DigiSmart Networks Pvt. Ltd., it has now received a formal Letter of Award by the Government of Goa's Electricity Department for this contract, to deploy approximately 750,000 smart meters.\n \nThis confirms the contract award and the next step is for a formal work order to be issued, after which the project will commence.\n \n \n- Ends -\n \nEnquiries:\nCyanConnode Holdings plc Tel: +44 (0) 1223 865 750\nJohn Cronin, Group Chief Executive Officer \nwww.cyanconnode.com\n Strand Hanson Limited (Nominated and Financial Adviser) Tel: +44 (0) 20 7409 3494\nJames Harris, Richard Johnson, David Asquith \n \nZeus Capital Limited (Joint Broker) Tel: +44 (0) 20 3829 5000\nSimon Johnson, Louisa Waddell\n \nPanmur...