SEC hands out $3.6mn smart meter contract
Avantha Group's CG wins supply deal for ZIV three phase smart meters in Saudi Arabia.
Saudi Electricity Company (SEC) has awarded Avantha Group Company CG with a contract worth EUR 3.4mn ($3.6mn) to supply ZIV three phase smart metres.
The Saudi utility has taken an important step towards the deployment of smart grids by defining a new functionality and a new data model for the performance of the smart metres, CG said in a statement.
Interoperability, remote management and accuracy are the three key features of these smart metres that will be connected to current transformers and will communicate via modem (GPRS).
Small-commerce end users will be the first segment to use the new smart metres and successive contracts are expected to be awarded in the short run.
Laurent Demortier, CG’s CEO and managing director, said: “We are very excited to partner with SEC in creating a modern, efficient grid and improve their overall end-user experience by providing a full range of smart grid products and services.
“The technological strength of ZIV smart metres backed by a large field experience on the behaviour and performance of different communication technologies has proven to be a key factor for CG in gaining a strategic position in the global smart grid market.
“This project is an important step in the implementation of advanced technologies and innovations for sustainable and cost-efficient ways of energy consumption in Saudi Arabia”.
The Saudi electricity market is the largest in the Arab world, with a peak load of 53,864 MW in 2013, and power demand is predicted to rise by an average rate of 7 - 8% for the foreseeable future, driven by a growing population, rising per capita consumption and an ever expanding industrial base.
SEC's strategy is focused on implementing the Government's policy for the development of the electricity sector in the Kingdom, the primary objective being the provision of a safe, reliable and cost-efficient supply of electricity to end-users.
CG’s endeavour has been to adapt ZIV smart metres to the particular functionalities requested by SEC and to collaborate in the definition of the optimal systems for the deployment of smart grid solutions in Saudi Arabia.
As a technical leader in the region SEC´s definition of a smart grid solution will be determinant for development of new strategies in the area.
CG, after acquiring ZIV, has become a key provider of smart metres and an important player in the global smart grid market after a successful year with contract wins totalling EUR 60mn from European Utilities such as Iberbrola, Gas Natural Fenosa in Spain, EDP in Portugal and ERDF in France.
CG offers ZIV metres, data concentrator units (DCUs) and distribution automation solutions (DAS). The company has built its strategy in the development of smart grid solutions under the ZIV brand, based on its own technology, and a unique mix of technical knowhow in protection, control, communications and metering technologies.
Furthermore, CG has broadened the coverage of its smart grid portfolio with a catalogue of Distribution Automation Solutions that range from LV supervision to MV automation, including Overhead MV Line Automation, Compact Secondary Substations and Micro-grid Management and Electric Vehicle Charging Systems.