Member Info for Vascular

Well someone knows how to make some money here, and its not me......sold at 5400 at 88p and will buy back tomorrow at 78p..he's £500 quid up, he should take a profit lol.

There should be some nearer term developments in Assam from the look of intelliSmart now getting a small army of technicians onboard.

https://thenationalbulletin.in/intellismart-to-host-rozgar-mela-to-hire-technical-associates-on-the-spot-in-assam

Are on a major recruitment drive this weekend, for Technical associates, and are holding a drop in, on the spot hiring weekend. The number of positions across the Assam state they aim to fill is two hundred !

"The growing #smartmetering industry in India is generating a need for skilled technical assistance and opening new employment prospects. IntelliSmart Infrastructure Pvt. Ltd., India’s leading smart metering and digital solutions provider, is playing a crucial role in facilitating this prospect in our operational state, Assam.

We are organising a ‘Rozgar Mela’ to hire on-the-spot 200 Technical Associates on 26 and 27 October 2023 in our Guwahati office........As smart meters are being deployed on a large scale throughout the country, they are expected to open several new avenues for job creation "

https://www.facebook.com/photo?fbid=682978123930827&set=pcb.682979410597365

Here are approx. twenty smart meter tenders that will be closing before 2nd November 23

Hi CB,

I have found it hard to find an announcement stating a partnership between Cyan And Adani, or an award , but have found confirmation in the Nov 2022 Hardman report

Cyan " is viewed as a safe choice by the multiple new prime contractors bidding for the role of AMI Service Providers (AMISPs). This is borne out by the strong takeup of the company’s Omnimesh platform by new service providers

such as Adani and Monte Carlo. This is in addition to the established partnerships in the market, of which Genus Power Infrastructures is a key example. "

So unless someone else knows of any orders Adanai have awarded Cyan in the past , then we will have to wait until Adani begin awarding their 18 million meters pipeline to their chosen solution providers. GL Vas

https://cyanconnode.com/wp-content/uploads/2022/12/221109-Hardman-Cyanconnode-CYAN-Indian-smart-meter-programme-update.pdf

Just wondering which other company's approached Cyan earlier this year regarding manufacturing their models for royalty's.

Evolving go-to-market models

CyanConnode is considering approaches by third parties that are seeking to

manufacture modules using CyanConnode’s technology designs, in return for

royalty payments. These would represent particularly high-margin revenue streams

for the company, additive to the current core business, and consistent with multiple

opportunities available to scale the presence of the Omnimesh platform on an

indirect basis. The decision to allow Genus to manufacture modules on behalf of

CyanConnode comprises a similar initiative in terms of being intended to scale the

revenue base."

from hardman report march 2023

Wow, good find LT.

REC are very busy at the moment.

https://recindia.nic.in/

Genus ,"The company said that there is a possibility of seeing a "consistent and noteworthy surge" in order volumes over the upcoming quarters of the financial year 2023-24 as many state electricity boards (SEBs) have initiated the bidding process for the acquisition of smart meters).

The first bulge looks to be on its way,, which should be followed by the second bulge, the one we are most interested in...

GL Vas

Genus Power Infrastructures’ total order book now exceeds INR 17,000 crore (over $2 billion).!

"Genus Power Infrastructures announced today its arm has received a Letter of Award worth INR 3,121.42 crore for providing advanced metering infrastructure services.

The scope includes designing an advance metering infrastructure (AMI) system with supply, installation, commissioning, and facility management service of 36.27 lakhs smart prepaid meters and system meters, including DT Meters with corresponding energy accounting".

https://www.pv-magazine-india.com/2023/10/23/genus-power-wins-smart-metering-order-worth-inr-3121-42-crore/

I forgot to add that Intellismart have already awarded Cyan a take off order for 3 million modules, of the 11 million meters awarded to IntelliSmart for Bihar .

So if we are lucky , another 8 million could be heading our way.

"The order will support the smart metering deployment for South Bihar Power Distribution Company Ltd. (SBPDCL), a utility located in Bihar, India. This marks the fourth order received under a Strategic Framework Agreement for 3 million modules, which was signed in February 2023".

So to recap in Bihar.

IntelliSmart are now L1 for 11 million smart meters.

Genus was awarded 1 million, assume its the contract with Cyan.

which leaves approx 3 million, to secure Meters .

This from Airtel explains a further 1.3 million of the Secure Meters award

"Airtel partners Secure Meters to deploy 1.3 mn NB-IoT-powered smart meters in Bihar".

Read more at:

https://telecom.economictimes.indiatimes.com/news/industry/airtel-partners-secure-meters-to-deploy-1-3-mn-nb-iot-powered-smart-meters-in-bihar/99729791?redirect=1

Q u i n t = .....

..... = *****

its clever, it wont let me pass it on..but add "***** ", after bloomberg, as one word

all one word bloomberg***** ..... *****

try this.

https://images.assettype.com/bloomberg*****/2023-07/9fa1869c-1d73-422c-b3d2-8aa8e18e25c6/icici_securities_genus_power_company_update.pdf

according to this genus note the remaining approx. 4 million meters outstanding seem to have been awarded to secure meters have been awarded genus for 1 million ( being supplied by cyan) , and secure meters for 2.6 million meters.

with the remaining 11.2 million meters under bidding at the time of the report ( july 23) , which we now know has gone to intellismart according to my link regarding the legal challenge.

https://images.assettype.com/bloomberg*****/2023-07/9fa1869c-1d73-422c-b3d2-8aa8e18e25c6/icici_securities_genus_power_company_update.pdf

table 4 bihar

Which if you do get full access to the intelliSmart, K- exchange link i posted earlier- it states in the " Awarded" list that 150 Lakh have been awarded in Bihar for both NBPDCL & NBPDCL discoms.

so another 4 million awarded to someone else.

Evening LT,

So IntelliSmart has been finally ( in August 23) declared as the L1 bidder for 112 Lakh ‘Smart Prepaid Meters’ in rural areas of Bihar , which is i think is over 11 million smart meters !

Just to add this makes IntelliSmart the L1 bidder on this contract.

A little more info on outcome between North Bihar, IntelliSmart and MoneCarlo .

Supreme Court affirmed the judgment of the High Court, which in turn had upheld Montecarlo’s disqualification

https://webcache.googleusercontent.com/search?q=cache:YTN_Mhs963kJ:https://bwlegalworld.businessworld.in/article/JSA-Represents-IntelliSmart-Infrastructure/26-08-2023-489032&hl=en&gl=uk