Member Info for Vascular

Good Morning LT,

Thanks for your view which makes much more sense, i think.

India certainly need to ramp up their meter manufacturing production to meet the demand over the next few years - so this could continue for some time.

Also,

Excellent news about Tangedco......especially as they have smart meter tenders out, and their initial awards to their Amisps are expected sometime soon / anytime before New Year , possibly..

Thanks for posting.

GL Vas

Hi ALL,

What does this line actually mean...it's included in todays Cyanconnode report but is such a general statement, hard to know if its directed at CC specifically or the general smart meter manufacturing market in India.

"Advanced Metering Infrastructure Service Providers (AMISP) are planning to source smart meters from a larger number of suppliers, requiring increased R&D investment from CyanConnode."

What does this actually mean, does it mean that AMISPS wish to distribute the manufacturing awards to more broader meter manufacturing base , or does it mean that the demand for the CC solution can't be met by the existing manufacturers that CC have on side .

I seem to remember it was eleven manufacturers with CC at last count, including Genus. Why do CC need more manufacturers......If its not actual demand for more CC meters then what is it?

I don't suppose it came as a shock to many here , in fact i must admit i am pleased to get this out the way, so we can move on to the what should be a very news rich period. The contracts that hopefully land in the near future should out way anything we have heard today...I notice CC are involved in around 150 million meter contracts at present. This sounds a lot for any company, let alone a small company like CC. Anyone have any idea how many smart meters that leaves still to come, as we know there has been some declared as far as L1 / AMISPs are concerned.

Some of the tenders for the 150 million meters that CC have stated today they are involved in have already been declared as far as the L1, Amisp or Principles are concerned , and we await the results for the sub contractors.

We know Genus and several other partners have done very well up until now, winning multiple awards - so the hope goes that the "importance" of being nominated as a preferred partner for various successful L1 company's recently is reflected in a good percentage of these L1 awards come to us.

Thanks Jake,

Yes, you guessed it i do not understand much about the technology, although do try.

The earlier quote about L&Gyr etc

" "In an attempt to achieve hardware-level interoperability for RF mesh, some vendors (Silver Spring, now Itron, during

rollout in Australia and Landis+Gyr for Tata Power’s rollout in India) provided common RF modules to all meter manufacturers, who designed their meters "

This is basically what CC have been doing isn't it? these past years onboarding as many meter manufacturer to their solution as possible?

Am I correct in thinking if CC brought out a Unified / Universal HES then if this was say, in a Genus smart meter.. it would be able to take on whatever communication solution that was required by the customer at installation , so could be used for RF / PLC ,..... RF / Cellular , ........or cellular / back up RF etc ....if so, in theory this one model of meter, could be manufactured by ALL and could be applied and installed anywhere in India regardless of geography, etc ...and it would have close to 100 reliability.

Is this a passible outcome of a universal HES ?

It then comes down to cost, i guess.

Any feedback would be appreciated - especially if it puts me right..

Another point i read, is that the HES is linked directly to a physical location, a property whereas presently most other devices laptops, mobiles etc are connected to individual people.

Therefore the HES will in the future be the conduit that everything being measured as from part of that property will go through the HES incl water, gas, electricity, EV, solar, even medical stuff and stuff i cant think of at present.

Therefore, a universal HES that connects to an increasing number of communication devices will be required as standard.

Is it possible that a universal HES like this could become part of the interoperable specifications in India ...which will need to keep evolving.

Don't laugh, as I've already admitted i do not really understand the tech.

GL Vas

Hi Tony and ITT,

Regarding the CC tweet yesterday "A pioneering Unified HES bridging RF, Cellular and other technologies is coming soon!"

From the report I posted yesterday at 19.20 pm

Universal HES:

"The universal HES can also help in facilitating network-level interoperability. The HES is designed to operate and support any networking systems, be it cellular, RF mesh or PLC. Since the universal HES provides options for multiple communication technologies, it will ensure that in the case where the primary network is unavailable, the network is not lost, and the HES falls back to the secondary communication technology"

also

"Currently, in India, a dual communication system for AMI has not been implemented on a large-scale. Based on the current scenario of the Indian distribution sector, a combination of RF Mesh communication, PLC, cellular network & fiber optics (in some areas) has been identified as the best way forward to achieve a reliable and cost-effective

communication system. To achieve network-level interoperability, a dual communication

system (primary & secondary/back-up) with a combination of the above four communication

technologies "

So what If genus have access to CCs new Universal / Unified Head End System - so that every smart meter manufactured by Genus has a secondary back up such as Cellular, optic, PLC etc of customer choice and the main communication solution is RF , as demonstrated very clearly as best practice, highest scores on reliability, cost, ease of implementation on pages 54 onwards in my earlier link.

Also in this report - that both Genus and Cyanconnode where involved in , last year ..it states

" In an attempt to achieve hardware-level interoperability for RF mesh, some vendors (Silver Spring, now Itron, during

rollout in Australia and Landis+Gyr for Tata Power’s rollout in India) provided common RF modules to all meter manufacturers, who designed their meters " !

Hopefully, this is exactly what Cyan are doing with Genus, plus at some stage soon their will be a unified HES that can simply add any secondary communication solution to Cyans RF solution as the secondary back up, depending on geography, etc and customer choice.

It could be a game changer at interoperability at the network level, where it no needs to happen.

Its a bit of a coincidence don't you think that Cyan and Genus, and many others fed into this report looking at among other things a unified HES as a solution well over a year ago and here we are today, and Cyan are tweeting about "A pioneering Unified HES bridging RF, Cellular and other technologies is coming soon".

GL all. Lets hope its a game changer.

Evening All,

Thanks' to LT and CB for highlighting the cyan tweet.

I post this report , especially related to Todays CC tweet regarding "Unified HES bridging RF, Cellular and other technologies is coming soon!" I have only skimmed it but hopefully point out some interesting areas, and may have missed a few too..

Below is a report looking at Roadmap for Smart Meter Interoperability in India, dated November 2022 but seemingly published 8th July 23 , or so it states when I inspect the file.

The Consulting Partners involved in this report are interesting, which include CyanConnode .

Start at Page 5 & 6 Executive summary

Page 14 - 20 network-level interoperability = the challenges in India

page 26 ..........6.1. Insights from current status of Indian Discoms South Bihar Power Distribution Company Ltd. (SBPDCL) and North Bihar Power Distribution Company Ltd. (NBPDCL)

ii. Uttar Haryana Bijli Vitran Nigam Limited (UHBVNL)

iii. CESC Ltd.

Page 48 - Annexure 1: Universal HES

page 54 -page 59 .....Table 7: Combination of dual communication technologies for metro cities & towns

page 63 -Annexure 4: Case studies of Indian Discoms

https://www.energyforum.in/fileadmin/user_upload/india/media_elements/publications/20230413_DISCOM_REPORTS/GIZ-Accenture_Smart_Meter_Interoperability.pdf

In fact I think they no longer segregate the 100m first tranche for high loss areas etc but just state ..

"The scheme aims to meet the following objectives:

Reduction of AT&C losses to pan-India levels of 12-15% by 2024-25.

Reduction of ACS-ARR gap to zero by 2024-25.

Improvement in the quality, reliability and affordability of power supply to consumers through a financially sustainable and operationally efficient distribution sector."

However, to get the pan India levels down to 15% fast , they will still need to take on the discos, states with the highest losses first to make the best impression and achieve this target faster.

One thing on my mind relating to what may influence the rate of news flow to Cyan in particular, is that we know that the first 100 million meters of the rollout are aimed at areas with the highest electrical losses, technical or whatever.

We also know that Cyan has a brilliant solution to bring down these high losses , fast and in a timely manor - as was evidenced in their praised, and will be hopefully copied pilots in MPWZ ( Indore) and UGVCL.

If this is the case and the Indian rollout goes for installing the easy fruit first, so to reduce losses fast - then any awards coming to CC, maybe the larger quota could be front loaded - and announced earlier, maybe over next 0 - 9 months assuming that their solution is what is required with the " more urgent" first tranche of 100 million meters.

If I am wrong then any successful wins to Cyan will be come completely randomly over however long it takes to disclose all the subcontractors etc, i guess.

Good morning LT,

Thank You for your update and observations about the recent NSGM, which continue to look very encouraging.

Its hard to imagine what the next O-12 months could look like as there should be wave after wave of sub contractor announcements made, some of which, hopefully will be made in favour of CC.

On a separate point and regarding the latest MENA RNS .

Surely, there must be a significant chance that EESL India are behind these MENA contracts for Cyan's cellular communications products in Middle east & North Africa .......and if this is so, there will be a very good chance that EESL and others may select this solution in India going forward also...

Can you remind me, have Cyan been awarded a contract previously for cellular hubs and gateways in India?

Thanks again GL Vas

.

Bihar State Power Holding Company Limited (BSPHCL) official to complete the installation of smart prepaid meters in all households across the state by the end of 2024. Of total Rs 13,934.89 crore, Rs 12,509.74 crore would be spent on Smart prepaid meters ..in remaining 112 lakh households of consumers.

Read more at:

http://timesofindia.indiatimes.com/articleshow/104896135.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Sorry, not an employee but shared by Owais Ahmed Qazi

Interesting post by the above Cyan Employee and further comment from ANIL MANOHAR - ITI LIMITED.

https://www.linkedin.com/posts/owaisahmedqazi_cyanconnode-rfmeshnetwork-activity-7125391971954663424-1cTw?trk=public_profile_like_view

Interestingly, the original order in April 22 stated

"Under the contract, CyanConnode will supply cellular hubs, with a capacity to handle up to 1 million meters.

Following an initial stage of obtaining certifications, it is expected that delivery against the order will commence during this calendar year."

So the original order brought in revenue of $2.5 million during 22/23 - but they may of not have completed the full order by year end, so the overall worth of the original order could be much higher than $2.5 m.

Todays RNS stating a much more confident timeline "with the full contract expected to be delivered over the next 12 months".

It seems that from looking at the Final results 26 July 2023 the revenue received by Cyan from the original MENA order in April 2022 was $2.5 m for the supply of cellular hubs, with a capacity to handle up to 1 million meters.

Todays LOA for a follow-on smart metering deployment to supply cellular hubs, with a capacity to connect 1.41 million devices. Delivery of the first 7,000 hubs is expected to complete by early November 2023, with the full contract expected to be delivered over the next 12 months.

Hardman ( April 22)

"Major new contract win: A new contract in the MENA region for electricity and water meters will see the deployment of CyanConnode’s cellular communications hubs to connect up to 1m existing meters to central infrastructure. We expect this high-profile deployment to be a multi-million pound contract in total."

It looks to me that the MENA region is becoming a significant source of revenues and future opportunity.

Final results 26 July 2023

. Order worth USD 6.7m won from MENA for NB-IoT gateways

· Further new order worth USD 2.5m won from MENA for Cellular gateways

Final Results

https://www.investegate.co.uk/announcement/rns/cyanconnode-holdings--cyan/correction-final-results-/7657070

"On projected forecasts, broker Zeus said "Strong revenue growth is expected to be leveraged into rapidly rising adjusted EBITDA to £0.4m in FY24 and £5.3m in FY25 (16% margin). Based on our forecasts, the shares trade at only 6x FY25 EBITDA. We believe this does not reflect the size of the Indian opportunity for 250m smart meters."

https://www.voxmarkets.co.uk/articles/cyanconnode-receives-order-for-500-000-omnimesh-rf-modules-for-indian-smart-metering-project-c5dead8/

Https://bestpractices.pleximus.in/best-practice-detail/smart-metering-with-prepaid-functionality-%E2%80%93-challenges-and-success-story-of-bihar

Page 43 , Iskraemenco doing very well in Malaysia . Whether, Cyan are on board is not known but Malaysia is listed as a country they are involved with on web site.

https://iskraemeco.com/wp-content/uploads/2023/01/ENGAGE-December-2022-ENG.pdf

Afternoon Chaps,

You might find more detail by exploring these Linkedin posts

https://www.linkedin.com/posts/thibaut-colin-30664619_silicon-labs-wi-sun-compatible-portfolio-activity-7072822129511018497-5ySC

This link below announces that Landis & Gyr are updating their SOC to FG25 and in a separate article has a Cyanconnode case study in India, which may or not have been posted before.

https://www.silabs.com/blog/fg25-sub-ghz-soc-now-available#:~:text=By%20moving%20to%20the%20FG25,their%20proprietary%20stack%20as%20well.

Afternoon LT,

Thanks for the reminder about the WI-Sun development.

As Cyan are the first to collaborate with Silicon Labs using their recent FG25 module. This article leads me to think that Cyans and SL are working together at the IIITH Smart City Living Lab .

"In Phase 2, 30 more Wi-SUN router nodes have been deployed in the campus with nodes containing Silicon Labs’ radio – EFR32FG25 modules. All these nodes are interconnected through a self-healing mesh network and connected to a Border Router (BR) for backhauling the data to cloud".

"IIITH Smart City Living Lab is setup as an initiative of MeitY (Ministry of Electronics and IT), National Cities Mission, and Gov of Telangana, with knowledge support from EBTC (European Business Technology Council). Silicon Labs, Intel, and Saint Gobain are the other three founding corporate partners who joined hands with IIITH in building up smart city solutions."

https://www.iot-now.com/2023/05/12/130382-iiit-hyderabad-silicon-labs-launch-campus-wide-wi-sun-fan-1-1-network-for-smart-city-applications/

Ill post this article dated 29th August 23 , as I do not believe it has been posted before, apologies if i am wrong.

Its a very positive and exciting article, and i became a bit concerned when the mention of Wirepass as a partner came up, applauding them for their solution for Smart City's etc, but CyanConnode are also given the same positive treatment.

Dhiraj Sogani, Senior Director of Wireless Product Marketing at Silicon Labs,

"Smart metering is a significant focus area for Silicon Labs. We have a prominent presence worldwide in this market and are seeing a significant growth potential in the India market as well. We have a complete solution and several partnerships to address the requirements of this market. We are also investing to innovate and stay on the leading edge of the solutions for this market...Silicon Labs remains committed to supporting CyanConnode in the government’s smart city vision of connecting 250 million homes with smart meters. As we continue to serve all our clients, we strive to provide scalable solutions that meet their evolving needs."

Its good to get a fairly recent quote from SLs regarding CyanConnode. GL ALL Vas

https://timestech.in/silicon-labs-empowering-smart-metering-and-charting-iot-trends/