Crompton Greaves bags orders from Portuguese energy firm
The company was selected as main supplier of data concentrators by Energias de Portugal (EDP), one of the major European operators in the energy sector
BS B2B Bureau B2B Connect | Mumbai
CG bagged the largest lot for the supply of this second batch of data concentrators. A year ago, EDP began the deployment of Prime Advanced Metering Infrastructure (AMI) in Portugal, selecting CG as the main supplier of data concentrators. EDP Distribuicao, is an EDP Group Company operating in the regulated distribution and supply businesses in Portugal, with more than 6 million clients and 220,000 km network. EDP Distribuicao has already installed 3000 DTCs within the scope of the InovGrid project. InovGrid was conceptualised to introduce AMI improvements in the network, benefitting its customers. The target for 2015 is to reach an aggregated figure of 10,000 PRIME DTCs.
CG foresees a strong growth in the smart grid segment with ZIV solutions, especially after a successful year with key wins from some of the most relevant and innovative European utilities such as Iberbrola, Gas Natural Fenosa in Spain, EDP in Portugal and ERDF in France, as well as a strategic win in Saudi Arabia that will open the door to a promising market growth in this financial year, 2015-2016.
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First Published: May 27 2015 | 10:15 PM IST