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..... part of the interview which includes CyanConnode:-

" Yes, I am, I think it's actually worth putting some context on this. Companies like CyanConnode have been investing in India for 10 years. It's already one of the larger companies in terms of supplying the smart metering solutions, which have been expanded now, under the Modi government.

" And there's a lot of investment. They are tendering for a very large number of contracts and although their growth rates sound good, the opportunities for the Company to have a step-change, in terms of orders, that hasn't come through this year. If anything, those orders haven't been appointed to anyone. No one has won these orders yet. They are still out to be won.

" The Company's raised a bit of capital, which if anything has held back its share price appreciation, in the short term. But the nature of it is, after 10 years of investment, as companies start to mature, as they generate not just profit, but cash generation, surplus cash, you can see share-prices literally transformed ...... ( Other companies mentioned ) ...... and as these companies move, like CyanConnode, from actually being cash consumptive, to being cash generative, you can see really very, very exciting apperance of not just growth, but cash generation.

" We're tremendously upbeat about CyanConnode."

A very informative interview, I found, from Gervais Williams. A lot was covered in a short space of time. In my opinion, of course.

Good Luck all.

LTI.

.... now provides an RF solution, as well as a Cellular solution:-

http://eficaa.com

http://medium.com/@eficaaensmart

LTI.

....... published on the 2nd November 2023, does not have any additional companies listed. But there is an addition to what a specific company provides and that company is Eficaa Ensmart Solutions..

http://recindia.nic.in/ami-test-demonstration

LTI.

Good afternoon all,

The two main Award winners, towards the end of November 2023, were utilities both in Uttar Pradesh. One for MVVNL, for a smart meter total of 7,528,737. And the other is for PuVVNL bringing the overall total number of smart meters Awarded to PuVVNL to 7,327,988.

So, two significant contracts Awarded in Uttar Pradesh, I might suggest.

LTI.

....... Stats all report published on 29th November, 2023, confirms that the number of smart meters Awarded went up to 98,370,616 and the total number of smart meters installed during November 2023, was 281,022.

Good news overall, I feel.

LTI.

...... Stats report, there have been an additional 10,167,827 smart meters that have been Awarded since the November 15th, 2023 report.

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

Good Luck all.

LTI.

Good afternoon Vas,

I think you have your answer, not unsuprisingly.

Good Luck,

LTI.

Good morning all,

On reading the report, this particular problem seems like an issue for EDF. Should they require any help, I can recommend a Company that may be available, that is already involved with the UK Smart Meter Programme.

Good Luck all.

LTI.

Good morning Vas and all.

I believe your observation is correct Vas. Premier Miton increased their holding in CyanConnode from 7.59% to 11.06% on 16th November, 2023 and then Premier Miton reduced their holding in CyanConnode from 11.06% to 10.99% on 29th November, 2023.

It seems like an internal technical adjustment by Premier Miton for some reason, that only Premier Miton can explain, as there is less than 2 weeks between each notification.

Also, the TR1 Notifications are in a 1% sliding-scale bandwidth, so whenever an Investor Company/Private Investor breaches a 1% bandwidth, going up or down, they have to notify the Company.

I hope this helps in some way.

Good Luck Vas and all.

LTI.

Good evening Vas,

Yes, thats the one. I can never seem to get the web address to work, so thought I would go straight to plan B. It is less hassle. Certainly the " We are tremendously upbeat about CyanConnode " seem's very encouraging for near-term prospects, as you have indicated.

But it was good to hear Gervais Williams, from Premier Miton, a major share-holder in CyanConnode, give his view on the prospects of the Company.

Good Luck Vas and thank you also for your reply.

LTI.

Good evening all,

I wrongly thought that the number of Shares in Issue had increased, but have noticed that they are still at 299,075,864, as on November 21st, 2023.

So it would seem that Premier Miton have indeed sold 200,000 shares, but still hold 32,886,536 shares, so still a substantial holding in CyanConnode.

So, sorry for any confusion.

But Gervais Williams from Premier Miton, gives a positive view on the future prospects for CyanConnode and gives some worthwhile insights into the Company, in the Directors Talk interview.

Good Luck all.

LTI.

Good afternoon all,

Premier Miton have had their holding in CyanConnode reduced from 11.06% to 10.99%, which could be a position that comes about because of the recent dilution.

There is also a recent Directors Talk report, in which you can access a video, which gives a bullish report on CyanConnode, for the future.

You know how difficult these Directors Talk reports can be to reproduce, so its best to type-in:-

Directors Talk Interviews - CyanConnode - UK Smaller Companies Investment Opportunities - and see how it goes.

But it worked for me.

Good Luck all.

LTI.

...... about the PVVNL contract win:-

" Setting New Milestones!"

" We take great pride in achieving this significant milestone in our three-year journey. This serves as a testament to the industry's trust in #IntelliSmart's ability to successfully execute large-scale smart metering projects, all the while ensuring cost advantages that are crucial for enhancing the operational and financial efficiencies of the discoms.

" This win also takes IntelliSmart many steps closer to realising its vision of becoming the most preferred digital partner of the utilities and commitment to digitalising the power sector."

Well done to all concerned.

Good Luck all.

LTI.

Hello tonyj,

My post's at 13:52 yesterday and 14:51 today, were in reply to the question you asked in your original " GoI Funding " post at 11:50 yesterday, when you asked about " Have we any idea when the dates run out on GoI grants, I think it was close to 31/12/23, or so long after contract dates."

My replies were not anything to do with IntelliSmart, Genus, Framework Agreements or installations, etc., as mentioned in Vas's post at 10:22 today, that you referenced.

Just to clear things up, at least from my point of view.

LTI.

You are welcome tonyj,

Sorry, I thought you specifically wanted some information regarding the Government of India Funding/Grants situation, which hopefully I provided.

But can you clarify what was " ..... the small percentage of installs that had to be completed by set times this year." I must have missed that.

LTI.

You are welcome Vas.

CyanConnode had received an order this year, through IntelliSmart, for another project for PVVNL, Cyan(Connode) having already provided solutions for PVVNL during the early Smart Meter Pilot project's in India.

But as I mentioned earlier, we will have to wait and see how this particular contract is distributed/progresses from here, as far as CyanConnode is concerned.

But as I have mentioned before, the Strategic Framework Agreement with IntelliSmart may need to be upgraded to secure/gaurantee a supply-chain of Omnimesh solutions, in the future. For IntelliSmart specifically and other companies also, hopefully.

LTI.

Good morning all.

From the report - " With this, IntelliSmart has signed India's biggest competitive bid #smartmetering contract awarded so far under the Government of India's #RDSS programme."

Excellent, but we will have to wait and see where this progresses from here, as far as any CyanConnode involvement is concerned.

Good Luck all.

LTI.

..... has tweeted about a PVVNL contract for the deployment of 67 lakh smart prepaid meters:-

http://twitter.com/Intelli_Smart/status/1730152142269288589

Good news I would suggest.

Good Luck all.

LTI.

Good afternoon tonyj and all.

As I understand it, the Government of India Grants are based on the audited accounts of the DISCOM's, running up to and including FY2024-2025. But there is, what might be called a final extension date, which is referred to as the " Sunset Date, " of 31/03/2026, by which, any works carried out ( orders placed ) after this date, will not be eligible for Grants/Funds from the Indian Government.

If this is what you are referring to?

LTI.

...... something to think about:-

http://youtube.com/watch?v=5qn_4yeYFXs

Good Luck all,

LTI.