Crompton Greaves' (CG) Automation Business Unit has been selected by the Spanish utility Gas Natural Fenosa (GNF) for the supply of 750,000 smart meters and will be one of its main smart meter suppliers for the next two years.
Under the contract, CG Automation will provide ZIV single phase smart meters to meet the requirement for domestic meters from GNF.
The company will also provide around 20,000 three-phase meters and is currently participating in a significant tender for Data Concentrator Units (DCUs).
GNF representatives said that the ZIV meters have proven to be robust and competitive over the past years.
GNF representatives said, "ZIV has played a key role in the development of smart metering technology.
"Such knowledge together with a clear customer service and satisfaction policy has helped GNF to meet its objectives in the past. We trust ZIV will continue to support us during the ambitious deployment we will be pursuing in the coming years."
Following the acquisition of ZIV, CG is the key provider of smart meters and an important player in the global smart grid as its offers ZIV meters, data concentrator units (DCU) and distribution automation solutions (DAS).
Avantha Group Company CG CEO and managing director Laurent Demortier said legislative and regulatory incentives will be the key in the coming years to promote Smart Grid Investments.
"CG will benefit from the smart grid market driving forces and foresees a very promising growing opportunity for the Automation BU," Demortier said.