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CEZ places USD 21m smart metres order with HP-led consortium.

(ADPnews) - Jul 27, 2010 - Czech power group CEZ (PRG:BAACEZ) has granted a CZK 400 million (USD 21m/EUR 16m) contract for the supply of smart metres to a consortium led by US computer company Hewlett-Packard (NYSE:HPQ).

The consortium, which also comprises Landis & Gyr, Schrack Technik, ZPA Smart Energy and TRANSTECH CZ, will supply more than 40,000 smart meters, part of the concept of smart grids, CEZ said last week.

By 2011, for the purpose of testing and pilot operation CEZ will supply a total of 40,000 homes with smart meters. The company will launch the first smart grid concept testing in the country in Vrchlabi next year.

In 2011 some 41,000 pieces will be installed in three selected regions of the grid, CEZ said.

(CZK 1.0 = USD 0.052/EUR 0.040)
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Publication:ADP News Czech Republic
Date:Jul 27, 2010
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