George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
https://www.***************************/cyanconnode-to-see-many-years-of-high-double-digit-revenue-growth-bob-liao/4121138264
If i am correct then the award to the four AMISps was made in September 23.
Fantastic that we are working with all four AMISPS and todays RNS relating to MonteCarlo is possibly the first.
https://www.tndindia.com/msedcl-awards-six-smart-metering-contracts-worth-over-rs-20000-crore/
Morning LT and All,
Continuing the telecom theme.
Gujarat claiming it is full 5G enabled. I think i am correct in saying at present Cyan have the only meters in Gujarat. I am not sure if this still stands.
"Today Gujarat is fully 5G enabled – something that most of the world does not yet have......This will make Gujarat a Global Leader in Digital Data Platforms and AI Adoption. 5G-enabled AI revolution will make Gujarat’s economy...."
https://telecomtalk.info/gujarat-is-completely-5g-enabled-mukesh-ambani/912961/
Eveneing lT
All this talk of cellular technology reminds me of this paragraph from Hardman report in 2021 which i have repeated below , as a reminder and especially for anyone new here.
"CyanConnode announced its new Omnimesh cellular products, which use mobile
network technologies as an alternative to RF to connect meters, where required.
The products are available in all cellular regions and bands, and support all the 2G,
3G, 4G and emerging 5G standards, including NB-IoT and Cat-M1-IoT cellular
technologies. As a consequence of these hybrid capabilities, and in light of the
successful SLA delivery from the several existing Indian implementations of
Omnimesh, CyanConnode is seen as a proven technology provider for the Indian
rollout. New tenders in India are typically specifying dual cellular and RF Mesh
capabilities for bidders, playing firmly to CyanConnode’s strengths"
https://cyanconnode.com/wp-content/uploads/2021/05/210527-Hardman-CyanConnode-CYAN-Major-announcement-in-India-with-IntelliSmart.pdf
Cheers Vas
Are doing good bisiness these past few weeks.
Working with IntelliSmart on 20 m smart meters
https://www.intellismartinfra.in/allsectorupdates/bharti-airtel-and-intellismart-collaborate-for-indias-largest-smart-meter-rollout
and today, working with Adani Energy Solutions on another 20 m smart meters !
https://telecomtalk.info/airtel-business-power-20million-smartmeters-for-adani/912712/
I do seem to remember Cyan stating that they where in discussions with telecommunications operators, in India. Lets hope that's still the case. GL Vas
HI Tony,
Richard Penny in the CRUX article said something along the lines of " I do not think you will see a RNS saying that they
( CYAN) have been given a 10 m smart meter contract ......(he thinks) , they will get a call off, they will connect the smart meter ( order!) back to a categorised data base".
To my knowledge we have two Framework agreements and that's with IntelliSmart ( 3M units ) and Genus (1m units). I understand that IntelliSmart do not manufacture meters, so who is manufacturing on behalf of IntelliSmart ?
I sometimes wonder if IntelliSmart and Genus are being used as some kind of template for other AMISPS to copy as they were both given solid orders at a very early stage, the same with cyan who received solid orders also at a very early stage compared to others!!! ( where are they)
How many individual meter manufacturers are now aligned with Cyan in India? i forget but it s over ten , i think.
Who will place orders with these manufacturers ? what about IntelliSmart who so not manufacture meters, and who have ordered over 1.5 m meters from framework.....who is manufacturing these, it cant be Genus as we would have heard, and there is well over the one million agreement with Genus...
Just some frustrating thoughts...
Hi LT,
Working for me.
Try this link that should take you straight to the interview page.
https://fountain.fm/episode/uiz3G7t2tScL6Rix5Xhz
Just in case anyone missed it!
1596: Vox Markets Fund Manager Series: Richard Penny of CRUX Asset Management
25 Aug • 57m
Cyan are discussed at 16m 20 secs.
1596: Vox Markets Fund Manager Series: Richard Penny of CRUX Asset Management
25 Aug • 57m
https://fountain.fm/show/d0OzqgRpp1bxDI020jaY
The MoU with the Government of Gujarat for a Smart Metering project is for Rs. 2,094.28 Crores for the implementation of the Smart Metering project in PGVCL (Paschim Gujarat Vij Company Ltd.) under Phase 1 of Revamped Distribution Sector Scheme (RDSS).
This initiative is likely aimed at advancing the implementation of smart meters, enhancing energy efficiency, and modernizing the electricity distribution system in Gujarat.
https://www.eqmagpro.com/recpdcl-signs-mou-with-govt-of-gujarat-for-smart-metering-project-eq/
Evening LT,
I find the fact that Shriprakash Tyagi worked for Indus Towers, where he " managed an impressive energy revenue portfolio of approximately $1.5 billion".
Indus Towers are rated third largest global 5G tower company in the world, and biggest in India , i think.!
"The merger of Bharti Infratel Limited and Indus Towers formed Indus Towers Limited. The combined strength makes Indus one of the world’s largest telecom cell tower companies. Indus’ leading customers are Bharti Airtel, Vodafone Idea Limited, and Reliance Jio Infocomm Limited, India’s leading wireless telecommunications service providers by revenue "
What makes a man who was "Corporate Energy Revenue Head and National Energy Head at Indus Towers Limited ", a CELL TOWER giant of a company in India join Cyan at this time, a time where its small investors are waiting patiently for a sign, any sign to confirm progress - surely on a prosaic level the salary, status and conditions would be much better at Indus, so there must be something that he sees that is worthy of risking his reputation, and what ever this is it must be a large opportunity. GL Vas
Https://mintiphone.page.link/?apn=com.htmedia.mint&isi=470175900&ibi=com.hindustantimes.mintiphone&ipbi=com.livemint.ipad&efr=1&utm_campaign=OPEN_APP&utm_medium=msite&utm_source=story_page_banner&pt=660495&mt=8&ct=open_app&link=https://www.livemint.com
IntelliSmart to provide analytics to disco's next year and diversify into water and gas metering services.
Live mint.com 28th dec 23 just in case mobile link not working.
Hi LT, I just found a reference to a MonteCarlo win, awarded by MSEDCL in September 23 !
"MSEDCL Awards Six Smart Metering Contracts Worth Over Rs.20,000 Crore. ...According to reliable media reports, MSEDCL has awarded smart metering contracts to four entities, envisaging an aggregate rollout of over 1.72 crore meters.
"The winners include Adani Group (represented by Adani Energy Solutions Ltd), NCC Ltd, Genus Power & Infrastructures Ltd and MonteCarlo Ltd."
Strangely, the data for the Genus and MonteCarlo wins are not included in the table - see link below.
https://www.tndindia.com/msedcl-awards-six-smart-metering-contracts-worth-over-rs-20000-crore/
Also, LT please have a look below. It seems MonteCarlo have been given two awards so far , one in 2022, and another in 2023.
https://www.mclindia.com/Home/Milestone
also here
Confirmation MonteCarlo win award in Mahashtra for 2k cr in September 23.
1. Adani - 13.89k cr
2. NCC - 6.8K cr
3. Genus - 3k cr
4. Montecarlo- 2k cr
This 2k cr award must be the second and new award referred to in the MonteCarlo web site . The first award must be the one announced in 22, and awarded to Cyan in Jan 23.
https://twitter.com/manojgupta1979/status/1705016463512441078
Confusing or what! I hope i am not making it even more confusing but it does seem that Maharashtra have awarded MonteCarlo a 2k cr contract in September 23.
Its reassuring that Montecarlo have been hiring staff these past few months. Maybe a sign that some of the one million meter order to Cyan will start sometime next quarter.
" Montecarlo Limited is actively seeking professionals for its Smart Meter Project. If you’re looking for opportunities in this dynamic field, read on.".
Open Positions:
Junior Engineer
Assistant Engineer
Engineer
Senior Engineer
Job Locations: Madhya Pradesh & Maharashtra".
https://privatejobsbeta.com/montecarlo-limited-2/
Morning LT,
There are more numbers here regarding Techno Electric's recent award. It may help.
Thanks for your comments. GL Vas
https://www.fortuneindia.com/investing/techno-electric-shares-surge-8-hit-52-week-high-on-winning-1750-cr-order/115271
GMR Power extends Rs 228 crore guarantee to IREDA for smart metering projects in Uttar Pradesh, following earlier guarantee to GMR Consulting Services Ltd.
Read more at: https://www.ndtvprofit.com/business/gmr-power-extends-rs-228-crore-corporate-guarantee-to-ireda
Copyright © NDTV Profit
For 7.27 lakh smart meters in Kashmir on DBFOOT basis for advance metering infrastructure (AMI) from RECPDCL (REC Power Development ..).
Read more at:
https://energy.economictimes.indiatimes.com/news/power/techno-electric-engineering-company-gets-smart-metering-and-transmission-projects-worth-rs-1750-crore/106393757
Well Done LT.
Plenty of really positive news today .
All we need now is a few deployment contract wins to confirm CCs future with what are many of the largest players in the smart meter rollout in India. Great seeing the contract numbers getting larger also, hope this gets reflects back to CC.
I'm sensing a heating up in activity now, so imagine what activity must be going on behind the scenes.
We are now heading very fast into 2024, which should be one of the most news rich periods in CCs history and the making of the company. Whatever happens , I'm sure we will have a much better view in just a few weeks or months time.
GL Vas
Good news maybe!
Adani Energy forms JV with IHC-backed firm to expand smart-meter business. Adani Energy Solutions (ADAI.NS) has formed a joint venture with a company backed by Abu Dhabi’s International Holding Company (IHC) (IHC.AD) to grow its smart meter business in India and globally, the company said in statement on Wednesday.
The Indian power distribution company said its subsidiary acquired 49% stake in UAE-based Esyasoft Holdings, which is majority owned by IHC, an existing investor in Adani group companies."
Cyan have a partnership with Esyasoft, who now will be working alongside Adani as it gears up to assign the deployment contracts for projects of approx. 20 million smart meters in India, so far.
https://www.reuters.com/business/energy/adani-energy-forms-jv-with-ihc-backed-firm-expand-smart-meter-business-2023-12-27/
When Esyasoft's leader won the 𝐄𝐓 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐢𝐚𝐧 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 𝐀𝐰𝐚𝐫𝐝 in 2022. John Croning posted
"Congratulations Bipin, Great recognition and achievement. CyanConnode are Proud to be your partners. Absolutely well done!"
https://www.linkedin.com/posts/esyasoft-technologies-pvt-ltd_%3F%3F-%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F-activity-6990981073467781121-FutC/?trk=public_profile_like_view&originalSubdomain=in
From Cyanconnode presentation
"CyanConnode along with Esyasoft MDM ( System Integrator) is supporting multiple AMISP’s (13 till now), thereby forging a strong relationship and maximizing our winnability in upcoming bids".
Adani could well be on of them!
https://cyanconnode.com/wp-content/uploads/2022/10/Smart-Metering-in-India-update.pdf
Morning CB, and Thanks .
Tony should be able to read more here
https://www.linkedin.com/in/shriprakash-tyagi-b74ba624/recent-activity/all/