CyanConnode, a global specialist in narrowband radio frequency mesh networks, has announced the receipt of an $11.6 million purchase order relating to a smart metering deployment by an Indian state-owned utility.
This purchase order is for Omnimesh IPv6-based hardware, perpetual software licenses and installation services.
In addition to this order, the Company is also negotiating a five-year support and maintenance contract.
Anil Daulani, managing director of CyanConnode Pvt Limited, commented: “We are very pleased to announce the Company’s largest order to date for Omnimesh. The product was launched in 2018 and this brings the total value of orders received for this new product to in excess of $16 million and demonstrates its suitability for the Indian smart metering market. The size and scale of this opportunity reflects the rapidly evolving Indian market as well as the ability of CyanConnode’s Tier One Partners to offer highly innovative and workable solutions.”
India is a key market for CyanConnode, contributing revenues from existing contracts for State-Owned Utility end customers, such as Uttar Gujarat Vij Company Ltd and Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd.