CyanConnode Holdings is proud to announce that its subsidiary, CyanConnode India has secured two major follow-on orders for 872,000 Omnimesh Modules from Montecarlo, an infrastructure conglomerate in India and an established partner of CyanConnode.
The order includes Omnimesh Next-Gen In-Meter Gateways, which integrates communication systems directly with smart meters, eliminating the requirement for externally mounted gateways, therefore simplifying and accelerating installations.
This marks the third and fourth orders from Montecarlo as both comapnies continue a strong partnership. The orders are also part of the Indian government’s Revamped Distribution Sector Scheme (RDSS) which strives to install 250 million smart meters to improve billing efficiency, reduce power theft, and enhance the reliability of the power supply.
Deliveries will take place within the next six weeks. As of 31st January 2025, 3.6 million modules have been shipped, with an order backlog of 10.4 million Omnimesh modules.
John Cronin, Executive Chairman of CyanConnode, said: “I am delighted to announce these significant follow-on orders from Montecarlo for prestigious smart metering projects in Jabalpur, Madhya Pradesh and Nagpur, Maharashtra. Our earlier deployments in Madhya Pradesh, particularly in Indore, set industry benchmarks and became case studies for Distribution Companies (DISCOMs) across India, achieving returns on investment within two and a half years.
“Securing repeat orders underscores the proven effectiveness of our cutting-edge, standards-based technology and highlights our deep expertise within India’s rapidly growing smart metering ecosystem. With these projects now secured in Madhya Pradesh and in Maharashtra, our Omnimesh RF mesh network technology continues to strengthen the backbone of India’s smart metering infrastructure.
“We work well with Montecarlo and we are confident this collaboration will continue to flourish, further enhancing CyanConnode’s leading position in the industry.”
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