CyanConnode Holdings plc, a leader in narrowband radio frequency (RF) mesh networks, has announced that its subsidiary, CyanConnode Pvt Ltd, has secured an order for one million Omnimesh Modules from Montecarlo Limited for a smart metering deployment in Nagpur, Maharashtra. The order includes Advanced Metering Infrastructure, Standards-Based Hardware, Omnimesh Head-End Software, Perpetual License, and a Support and Maintenance Contract. The installation is expected to be completed within 27 months, followed by a 93-month Support and Maintenance Contract.
Approximately 60% of the contract will be paid during the installation phase, with the remaining 40% to be paid in equal monthly installments over the duration of the Support and Maintenance Contract period. John Cronin, Executive Chairman of CyanConnode, expressed his satisfaction with the order, highlighting the company's innovative technology and understanding of India's smart metering landscape. He also noted that the order significantly boosts the company's total Indian order book to 6.3 million units.
Mrunal Patel, Joint MD of Montecarlo, expressed his pleasure in continuing the partnership with CyanConnode, citing their successful collaboration in Madhya Pradesh. He emphasized confidence in the successful implementation of the project, given Montecarlo's project implementation background and CyanConnode's track record in smart metering communications infrastructure in India.
CyanConnode is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, designed for rapid deployment, exceptional performance, and competitive total cost of ownership. The company's award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform has gained significant commercial traction, particularly in India. Montecarlo, the ordering entity, is a diversified infrastructure development company with a strong reputation for completing infrastructure projects on schedule over the past 27 years.
The partnership between CyanConnode and Montecarlo is expected to pave the way for further opportunities and partnerships. CyanConnode's global partner eco-system and vendor-agnostic routes to market position the company to capitalize on the increasing global demand for smart metering solutions. For more information about CyanConnode, visit www.cyanconnode.com. For more information about Montecarlo and its businesses, visit www.mclindia.com.