India’s power sector is undergoing rapid transformation as the country faces steep electricity demand growth rates, plans to incorporate large-scale renewable resources, and a government eager to modernize the country. Smart grid infrastructure is seen by stakeholders as fundamental to this transformation, but until recently projects have been slow to materialize.
This is now changing and with large-scale deployments beginning in 2017, smart grid infrastructure investment is projected to total $44.9 billion over the period 2017-2027, according to a new study published today by Northeast Group, LLC.
Four local vendors—Secure Meters, Genus, HPL, and Larsen & Toubro (L&T)—hold the majority of market share in legacy metering and are poised to similarly impact the smart metering market.
CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.
