Landis+Gyr announced it has been selected by the State Grid Corporation of China, a power grid operator, to supply more than 10,000 commercial and industrial advanced electricity meters for upcoming deployment in six provinces.
Landis+Gyr, which operates manufacturing and research and development facilities in China with more than 300 employees, was the only international smart meter vendor to win a contract to supply the polyphase commercial and industrial smart meters. Twenty-five meter suppliers competed in the bidding process.
"It would be difficult to overestimate the importance of this initial contract given the State Grid Corporation of China's stated determination to build a Smart Grid in the areas it operates," said Oliver Iltisberger, Landis+Gyr's executive vice president, Asia Pacific region. "Landis+Gyr are thrilled at the prospect of partnering with the State Grid Corporation to help Chinese businesses and consumers manage energy better in the world's fastest growing economy."
"This win is a testament to Landis+Gyr's strong presence in China for more than 15 years and our ability to develop and produce meters for the local market," said Carrie Lin, chief executive officer of Landis+Gyr China. "With our technology competence and experience in providing high quality meters, we are well positioned to support the Smart Grid roll out in China."