Landis+Gyr has signed an agreement with Brazilian utility, Light for a five year R$ 750 million smart grid project. Under the agreement, Landis+Gyr will be responsible for the ‘supply, implementation and O&M of its Gridstream® smart grid solution’, and will deploy 1.1 million end points made up of SGP+M anti-tampering meters and includes the automation of power vaults and reclosers.
Gridstream® will enable Light benefit from ‘enhanced monitoring and control points throughout its network to reduce commercial losses’ e.g. meter reading errors, electricity theft and meter tampering.
Paulo Roberto Pinto, Light’s President said: ‘The goal of Light is to provide an intelligent electricity network to 1.6 million consumers, equivalent to around 40% of our total customer by 2018.’
General Director of L+G for South America, Marcelo Machado commented: ‘As the first major South American deployment of a smart grid and smart metering system this is a landmark announcement, which will demonstrate to utilities and consumers firsthand the tangible cost, safety and user-experience benefits that come with smart energy.’
According to a company press release, Landis+Gyr have the capacity to manufacturer more than three million meters on- site annually.
‘Our partnership with Light is hugely significant for Landis+Gyr and caps an extremely positive eighteen months for the business. In that time we have won major contracts in Europe, North America, Asia and now South America, including the two largest deployments in industry history’ said Andreas Umbach, Landis+Gyr President and CEO.