L&T in pact with Cyan Holdings for Smart Grid development


L&T in pact with Cyan Holdings for Smart Grid development

By Greentech Lead Team: Cyan Holdings has entered into a
partnership with Larsen & Toubro, to collaborate in the development, supply
and delivery of advanced metering solutions comprising utility meters equipped
with Cyan’s wireless communication capability for AMI, Smart Metering and Smart
Grid Pilot projects.

The parties have entered into this strategic alliance as
they believe that this technology is likely to become a major factor in the
fast growing Indian electricity metering market.

Cyan stated that the alliance with L&T is in line
with its strategy of building strategic partnerships with key established
players in India.

“L&T is a recognized leader in the Energy and
Utilities sector with proven products and a tier 1 reputation. By using Cyan’s
wireless modules incorporating CyLec, L&T Meters will be capable of
interoperable two-way communication and remote collection of metering data and
control of the meters,” said Bijan Mohandes, vice president – World Wide
Sales and Marketing, Cyan Technology.