CyanConnode Holdings plc (LSE:CYAN), a global leader in narrowband radio frequency (RF) smart mesh networks, has announced a major milestone achieved by its Indian subsidiary, CyanConnode Pvt Ltd ("CyanConnode India"). The company has become the first and only smart metering communications player in India to deploy over two million communication endpoints. This significant accomplishment underscores CyanConnode India’s leadership and extensive reach in the smart metering sector across the country.
CyanConnode India’s deployment spans ten states, showcasing its capability to meet and exceed Service Level Agreements (SLAs) while delivering comprehensive smart metering solutions. This extensive deployment solidifies the company's position as a pioneer in smart metering communications in India.
Recognition with SKOCH Gold Award
In addition to this achievement, the Tamil Nadu Generation and Distribution Corporation Limited ("Tangedco") has been honored with the prestigious SKOCH Gold Award in the Power & Energy category. This award recognizes Tangedco’s successful digital transformation of its commercial operations, facilitated by CyanConnode's advanced communication network.
The SKOCH Gold Award highlights the effectiveness and impact of CyanConnode’s smart metering project, demonstrating the company’s role in driving significant advancements in the energy sector through innovative technology solutions.