Proving the Business Case for the Internet of Things

Cyan partners with Ecolibrium on India smart meter push

Iain Morris
August 5, 2014
 
UK-based technology player Cyan has teamed up with smart grid platform developer Ecolibrium Energy on the development, marketing and deployment of smart metering technology in India.

The two companies say they will partner on bids for a number of smart metering projects in India, where Cyan (Cambridge, UK) is already involved in smart meter rollouts.

According to a report from India’s Financial Express, Cyan is part of a consortium that has been selected by Tata Power Mumbai to deploy advanced metering infrastructure in a Mumbai district.

It has also been awarded a contract by Essel (Mumbai, India) to support the rollout of 5,000 smart meters.

By combining its wireless communications technology with Ecolibrium’s (Ahmedabad, India) GridSense-branded smart grid platform, Cyan aims to develop further services for the tracking and monitoring of energy meters.

GridSense offers a range of services, including energy management and demand response programs, and serves more than 400 customers.

According to Ecolibrium, the technology has already led to energy savings of between 5% and 25% for customers.

“We are very pleased to be partnering with Ecolibrium to provide integrated solutions for smart metering opportunities across India,” said John Cronin, Cyan’s executive chairman. “Ecolibrium’s solutions enable utilities to manage the vast amounts of data generated by smart metering; optimising the use of energy and making the grid more efficient.”

“This partnership will further extend Cyan’s eco-system partners to allow Cyan to deliver measurable value to its customers,” he added.
Ecolobrium appears to have been won over by Cyan’s relatively established position in the Indian market.

“With demand for electricity growing at an average annual rate of 6% and utilities needing to reduce transmission and distribution losses, an integrated system approach is fundamental,” said Chintan Soni, managing director and chief executive at Ecolibrium. “Together with Cyan, we will be able to provide an end to end solution to the distribution companies, starting from metering to consumer portal and analytics.”
 
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