Cyan (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, announces that it has successfully deployed what the directors believe to be is the first 865MHz Advanced Metering Infrastructure ("AMI") commercial volume project in India.
In July 2014, Cyan announced an order from Larsen & Toubro ("L&T") to provide a complete CyLec® AMI solution to Tata Power Mumbai ("Tata Power"), consisting of 865MHz radio frequency ("RF") modules, Data Concentrator Units, Head End Server software licenses, onsite software installation services and an annual software maintenance contract. The initial contract with Tata Power was for the deployment of 5,000 consumer meters in a district in Mumbai and around 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 centre, are now providing data to generate customer bills, real-time information on outages and other factors related to the quality of power.
Cyan's AMI platform supports fully automated, accurate billing for Tata Power. On the last billing cycle, Tata Power achieved 100% success rate in communicating meter readings from the CyLec-enabled meters to their consumer billing system. In addition the AMI platform enables Tata Power to manage grid emergencies with increased efficiency, improving the reliability of the customer's power supply and optimising peak power demand management.
Tata Power Mumbai is a Tata group company and part of India's largest integrated power company with a significant international presence and over 500,000 retail customers in Mumbai.
John Cronin, Executive Chairman of Cyan, commented, "I am pleased to update our customers, partners and shareholders that the first volume rollout of Cyan smart metering technology has been a success. The fact that Tata Power was able to achieve a 100% success rate in communicating meter reading data to their billing systems is testament to the reliability of the Cyan sub-GHz radio mesh solution resulting from over 200 man-years of development by our team in Cambridge.
"The success of this project confirms Cyan's leadership position in providing smart metering solutions to address the pressing power issues faced by both utilities and end consumers in India. I would like to thank Tata Power, L&T and Neosilica for their valued support during the implementation project. We look forward to working on further deployments at Tata Power in due course as well as additional projects with L&T at other utilities. As Tata Power is viewed as a leader in the generation and transmission of electricity, the success of this project will act as an important reference for other utilities evaluating smart metering technologies across India as well as for our customers in other regions around the world."