Business
New Pilot with Indian State-Owned Utility
New Pilot with Indian State-Owned Utility.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 8545R Cyan Holdings Plc 17 September 2014 \n \n\n \nCyan Holdings plc(\"Cyan\" or the \"Company\")\n \nNew Pilot with Indian State-Owned Utility\n \nCyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that a bidding consortium of 5 companies including Cyan, has deployed a proof of concept pilot of 60 meters to demonstrate Cyan's CyLec Advanced Metering Infrastructure (\"AMI\") technology with the Indian state-owned utility, Uttar Gujarat Vij Company Ltd (\"UGVCL\").\n \nThe pilot, in Naroda and Deesa, is part of a competitive tender process that began in late 2013 with four other bidding consortia, consisting of technology providers, system integrators and meter manufacturers supplying their AMI solutions for evaluation by the utility. The consortium which includes Cyan technology is believed to be the only one to have demonstrated an interoperable, sub-GHz smart metering solution. If Cyan's consortium is successful, it would represent a major endorsement of the Company's hardware and software and is expected to clearly illustrate the CyLec compelling value proposition for other electricity utilities across the region.\n \nThe UGVCL pilot is one of 14 smart grid pilots under the Smart Grid Task Force (\"SGTF\") in India being run by the Ministry of Power. Whilst no guarantee can be given at this time that the consortium will be successful in converting this pilot into a commercial order, or that UGVCL will roll out AMI on completing its evaluations of the various solutions currently in pilot phase, Cyan is pleased that its technology has already proven its interoperability across two meters supplied by different manufacturers.\n \nIn a separate smart metering initiative at the same utility, Cyan was formally invited by UGVCL in April 2014 to install a further 100 meter 865MHz smart metering proof of concept. The pilot letter specification required that the meters be capable of self forming/self healing mesh networking and be capable of being read at a range of at least 100 meters. This pilot has also now been deployed by Cyan, with UGVCL expected to evaluate the results over the next few months.\n \nJohn Cronin, Executive Chairman at Cyan, commented: \"...