CG Wins Euro 17 Million Order from Spanish Utility GNF
September 28 2015 - 04:30AM
Business Wire
- CG selected as main supplier of single
and three phase smart meters
- All Spanish utilities to replace 70% of
their analog meters by the end of 2016
- PRIME standard based smart grid
deployment
Avantha Group Company CG has won a Euro 17 million
(INR 125 crore) contract to supply ZIV single and three phase smart
meters to Gas Natural Fenosa (GNF) and will be the main supplier
for the utility. ZIV smart meters will cover a large part of the
demand for domestic meters from GNF, having won the prestigious
order of supplying 750,000 single phase smart meters last year. In
order to respond to the growing market demand with agility, CG has
already conducted an expansion and modernisation of its plant in
Zamudio, Spain, with new, automatic assembly lines capable of
producing over 2 million smart meters annually. ZIV’s single phase
smart meter model is nowadays the reference smart meter in the
PRIME PLC market segment, after the deployment of almost 4 million
ZIV units worldwide.
Gas Natural Fenosa is a leading multinational group in the
energy sector; a pioneer in the integration of gas and electricity.
Present in over 30 countries, it serves more than 23 million
customers on five continents, with an installed capacity of 14.8 GW
and a diversified mix of generation. This is the first major
integrated gas and electricity company in Spain and Latin America
and the third in the Iberian Peninsula.
ZIV smart meters have a proven track record of robust
performance, backed by a string of key wins from some of the most
relevant and innovative European Utilities such as Iberdrola in
Spain, EDP in Portugal and ERDF in France. CG offers ZIV meters,
data concentrator units (DCU), distribution automation solutions
(DAS) and Substation Automation Systems (SAS).
Speaking on this win, Avantha Group Company CG’s CEO and
Managing Director, Mr. Laurent Demortier said: “We thank
GNF for giving us the opportunity to continue this partnership in
modernising their electrical network and improving the overall
end-user experience. This new win reinforces our leadership in the
segment with the complete portfolio of products under advanced
metering infrastructure that has become crucial in empowering both
consumers and utilities in managing power distribution and
consumption. It will be our continued endeavour to provide our
customers with advanced technologies and innovations that empower
them.”
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CGMs Paula SenguptaGlobal Head –
Communicationspaula.sengupta@cgglobal.comorItziar LasaosaCG
Automation Communications Manageritziar.lasaosa@cgglobal.com