Tata Power Successfully Implements Cyan Smart Metering Solution
Cyan Holdings (AIM:CYAN) announced this morning that Tata Power has Successfully Implemented Cyan Smart Metering Solution to 4000 consumers in a region of Mumbai.
Contract Update
In July 2014, Cyan announced that it had received an order from Larsen & Toubro (“L&T”) to provide a complete CyLec® Advanced Metering Infrastructure (AMI) solution to Tata Power Mumbai. The initial contract with Tata Power was for the deployment of 5,000 consumer meters in a district in Mumbai. The Company reported today that 4,000 meters are now live with the remainder expected to be completed before the end of Q2 2015.…
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