Deal watch: Cyan and El Sewedy partner to grow into India


UK’s Cyan Holdings, which delivers mesh-based flexible wireless solutions for utility smart metering and smart lighting control, has signed a development, marketing and deployment agreement with Egyptian smart meter specialist El Sewedy to target both the Indian market and elsewhere.

El Sewedy and Cyan will tender for a number of smart metering projects in India and other markets with CyLec, Cyan’s smart metering technology, to be integrated with El Sewedy’s single-phase smart meters.

The meters will support the Open Meter Protocol (OMP), an open standard for real-time monitoring and control over wireless mesh networks.

El Sewedy, which  already supplies meters into 20 countries and in Europe under the Iskraemeco brand, generated revenues in 2013 of £15bn (£1.2bn).

John Cronin, Cyan’s executive chairman, said: “We are very pleased to be partnering with El Sewedy to provide smart metering technology to their customers in India and other markets. This partnership will also increase the number of qualified meter manufacturers in India using OMP as standard.

“As the Indian market moves to commercial deployments, Cyan is well positioned to support open standards for meter and communication protocols, which is imperative to ensure customers can achieve cost efficiencies and benefit from technological advances.”

Smart metering contracts in India

The news comes as Cyan has secured two deals in India in recent months. Cyan will deliver its CyLec advanced metering infrastructure (AMI) solution as part of a consortium led by Larsen & Toubro (L&T), a Mumbai-based tech company, to integrated energy company Tata Power Mumbai. While Essel Utilities will deploy CyLec together with Aquameas Instruments, a local manufacturer of water and electricity meters.