Cyan Holdings has been confirmed as a leading supplier of a smart metering solution for the Indian market.
Cyan said it received confirmation at The Smart Energy Conference held in Delhi on 14-16 November.
Cyan said it was the only company to demonstrate a live metering installation that conformed to the specifications as published by India's Central Electricity Authority.
The CEA is an 'attached office' of the Ministry of Power, which set up a committee to finalise the specification of single-phase electricity meters for India's advanced metering infrastructure and has published a report which refers to a 200 million meter requirement in India.
The committee consisted of representatives from electricity utilities, meter manufacturers, component manufacturers and India's standards bodies.
At 9:24am: (LON:CYAN) share price was +0.15p at 0.69p
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