CyanConnode Holdings plc announced the receipt of an order for 300,000 Omnimesh Modules from IntelliSmart Infrastructure Private Limited, ("IntelliSmart"). In addition to the modules, the order includes Advanced Metering Infrastructure (AMI), Standards-Based Hardware, Services, Omnimesh Head-End Software, a Perpetual License, and an Annual Maintenance Contract. 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 ("Agreement") for 3 million modules, which was signed in February 2023. Including this order, the total number of modules ordered under the Agreement has now reached 1.7 million Omnimesh Modules. All of these orders have been secured in the past five months.

The supply of Omnimesh Modules for this project is expected to commence during fourth quarter of fiscal year 2024, and the deployment will be completed within 27 months, under a DBFOOT (Design, Build, Finance, Own, Operate, Transfer) model. A support and maintenance contract will be in effect for a period of seven and a half years after the go-live stage.