CG receives mega contract from Spanish firm for supplying smart meters
The company wins contract to cover a large part of GNF's single phase smart meters demand in two years
BS B2B Bureau B2B Connect | Mumbai
CG Automation will also supply nearly 20,000 three-phase meters and is now participating in a significant tender for DCU (data concentrator units). ZIV’s 4CTT model is nowadays the reference DCU in the market after becoming the first model certified by the PRIME alliance last year and having proven a robust performance onsite.
CG, after acquiring ZIV, is the key provider of smart meters and an important player in the global smart grid market where it offers ZIV meters, data concentrator units (DCU) and distribution automation solutions (DAS). After significant wins in Latin America and Europe CG is strongly pursuing a growth in the market by positioning ZIV’s smart grid solutions in several pilots worldwide. ZIV smart grid solutions have already gone beyond AMI. CG has broadened the coverage of its smart grid portfolio with an ambitious catalogue of Distribution Automation Solutions that range from LV supervision to MV automation, including Overhead MV Line Automation, Compact Secondary Substations and Micro-grid Management.
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Laurent Demortier, Avantha Group Company CG's CEO and Managing Director, said, “As a global AMI provider, this win is very significant; we sincerely thank GNF. We are proud to be the main PRIME meter provider. In the coming years, legislative and regulatory incentives will be the key to promote smart grid investments. CG will benefit from the smart grid market driving forces and foresees a very promising growing opportunity for the automation BU.”
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First Published: Jun 10 2014 | 10:06 PM IST