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Good Morning all,

A very interesting opinion offered by multibagger, on ADVFN at 06:49 this morning, on the EESL/IntelliSmart situation, in which EESL are considering selling their 49% stake in IntelliSmart, which is worth a read.

The summary takes in some of the history of EESL over recent years and the initial multi-million " ... legacy .... " smart meter contracts that EESL were involved in, from 2017 I think it was, that were not very successful.

An interesting read, in my opinion.

Good Luck all.

LTI.

Good morning all,

Very interesting. Axia Investments Limited must have found a bigger sofa.

Good Luck all.

LTI.

Sorry gizmo, thank you for the original heads-up.

LTI.

An interesting development, gizmo. We will have to wait and see what happens next and how long it takes.

Take care, gizmo.

LTI.

Italgas and Azerbaijan's SOCAR, to co-operate on gas distribution:-

https://www.smart-energy.com/industry-sectors/energy-grid-management/italgas-and-azerbaijans-socar-to-cooperate-on-gas-distribution/

It would seem that SOCAR has been busy this month, with deals so far, with the UAE and Italian Gas Group, Italgas.

Good Luck all.

LTI.

Good morning all,

Genus and Adani Transmission have, during November 2024, been granted the shared responsibility of AMISP/SI for the smart meter project in Uttarakhand, for UPCL. The project has nearly 1.6m smart meters to install over the next couple of years or so.

Another interesting development.

Good Luck all.

LTI.

...... today, from Lyndon Faulkner ( CyanConnode ) and Axia Investment Limited, shows further confidence in CyanConnode's business potential and future. In my opinion, of course.

Good Luck all.

LTI.

Sorry, should read " ....... updated on 12th November, 2024."

LTI.

......updated on 14th November, 2024:-

https://nsgm.gov.in/en/sm-stats-all

The Sanctioned and Awarded number of meters remains unchanged, although there are multi-millions of Smart Meters that have been Awarded, that have still to be processed through the system, down to AMISPs/System Integrators.

The number of smart meters installed so far during November 2024, stands at 362,566, with the Cumulative Achievement for installed smart meters now standing at 16,486,318 total.

Good Luck all.

LTI.

..... has announced on x.com, via EPR Magazine, concerning an interview with Ajoy Rajani - Executive Vice Chairman India/ Additional MD and CEO India and discussing Wi-Sun and the CyanConnode products, In-meter Gateways, Universal Head-End System and Long-Range RF, amongst many other topics that may be of interest.

https://x.com/CyanConnode_Ind/status/1856670035722285521

Thanks to gizmo for the original heads-up.

Good Luck all.

LTI.

Good afternoon all,

I notice that tightfist on ADVFN, along with nilli and multibagger and a few others, have also made a reference to Azerbaijan.

Very interesting indeed.

Good Luck all.

LTI.

From the report, from the Bacu/COP29 conference, about the SOCAR/IntelliGrids agreement:-

" COP29, Bacu, Azerbaijan: During the opening of 29th UN Climate Change Conference ( UNFCCC COP29 ), IntelliGrid, a joint venture between Esyasoft Holding and Presight AI, officially signed an agreement with SOCAR, a fully state-owned national oil and gas company, head-quartered in Baku. Azerbaijan, to implement a state-of-the-art Smart Gas Grid Management System, across the entire AzeriGas service in Azerbaijan. The project, set as a 13 year partnership, represents a significant investment of USD 480m to transform Azerbaijan's energy infrastructure while incorporating advanced Artificial Intelligence technologies."

And CyanConnode already have a project in Azerbaijan, as we have already been informed.

Very interesting indeed.

Good Luck all.

LTI.

Good afternoon all,

Dated 11th November, 2024:-

" Azerbaijans SOCAR and UAE's Intelligrid sign a $480m agreement "

https://zawya.com/en/press-release/companies-news/azerbaijans-socar-and-uaes-intelligrid-sign-a-480m-agreement-crxcsran

Esyasoft get a mention.

Good Luck all.

LTI.

Good morning Vas,

It is good to hear from you again and thank you for the information on the Strategic Collaboration between Presight and Intel, in the Middle East. Very interesting.

It is worth looking back on developments between CyanConnode and Esyasoft in India so far, as you mentioned Esyasoft in your 10:08 post, as Esyasoft and CyanConnode first started working together on the 2 MPWZ Indore projects, others include TANGEDCO/Tamil Nadu, HPSEB/Himachal Pradesh and APDCL/Assam.

https://cyanconnode.com/wp-content/uploads/2022/05/Brochure-A4.pdf

So let us look forward to the relationship developing between Esyasoft and CyanConnode continuing in India still further and in the UAE and other global regions, also.

Thanks again Vas.

Good Luck all.

LTI.

....... and COP29 in Baku:-

https://cop29.az/en/home

Good Luck all.

LTI.

No problem tonyj,

But you will have to ask someone else about who pays what and who does what, if you need to know those precise details. Preferably someone from CyanConnode.

Take care, tonyj.

LTI.

Good morning all,

An interesting and possible relevant post, from nilli on ADVFN at 22:11 yesterday evening, in connection with Azerbaijan/COP29/AI Driven Gas Networks/Esyasoft and Presight, with a summary from multibagger, also on ADVFN, provided this morning at 06:41. They are both worth a read.

I seem to remember Azerbaijan being mentioned in a recent CyanConnode presentation, in connection with an ongoing gas project that CyanConnode were involved in.

Thanks to nilli initially and also multibagger for their specific thoughts on these recent events.

Very interesting.

Good Luck all.

LTI.

Good morning tonyj,

From what I remember about the original ISGM smart meter contracts, they were not structured in the same way that the RDSS contracts are structured today. i.e. 27 months installation/93 months Support and Maintenance ( 10 years total ). I seem to remember an early project having only a 2 year S&M contract.

There was an early contract under RDSS, I think, that had the Support and Maintenance contract Awarded to CyanConnode, a couple of days after the main smart meter contract, with an additional/separate value given to the S&M contract.

More recently, the Support & Maintenance contracts seem to have been included in the overall contract value, so no separate value is made public for the S&M contract. Which makes it more difficult for competitors to work out what the Omnimesh part of the contract is valued at and also the value of the S&M contract.

I hope it continues that way.

So to answer your question tonyj, I do not think under the original early contracts, the projects would still be under the original S&M time-scale. But that does not mean, that CyanConnode have not negotiated a follow-on S&M contract, for these particular contracts.

I might suggest that it is in the Utilities interest, to have CyanConnode do any S&M that is required, as well as in CyanConnode's interests.

I hope this helps.

LTI.

Good morning all,

Also from this mornings RNS - John Cronin commented:-

" I'm delighted to welcome Lyndon to the Board, at this pivotal time for CyanConnode. His extensive experience in scaling technology companies and advising on corporate strategies across business of all sizes, will be of immense value to us."

I am sure he will bring additional balance to the Board, in his capacity as Senior Advisor, bringing with him a wealth of experience, from varied Companies.

Good Luck all.

LTI.

......... Mr. Lyndon Faulkner, as a Non-Executive Director and Senior Advisor to CyanConnode.

https://polaris.brighterir.com/public/cyan/news/rns/story/xpv9v9x

Mr. Faulkner seems to have had a varied and successful career and I/we wish him well in his new position at CyanConnode.

Good Luck all.

LTI.