Feb 10, 2015 12:39:59 PM
Kuala Lumpur, Malaysia, February 10, 2015 - Universiti Tenaga Nasional (UNITEN), a wholly-owned subsidiary of Tenaga Nasional Berhad, Malaysia's largest utility, and Cyient Ltd., a leading solution provider specializing in network operations, and involved in key Advanced Metering Infrastructure (AMI)/Meter Data Management System deployments worldwide, announced their collaboration today by signing a memorandum of understanding (MoU) for joint research on smart grid technologies.
The MoU was signed by Dato Prof. Ir. Dr. Ibrahim bin Hussein, Acting Vice Chancellor, UNITEN and Mr. Sanjay Krishnaa, Senior Vice President and APAC Head of Cyient Ltd. The intended goal of this MoU is to develop and maintain an ongoing relationship between the organizations while benefiting from each other's strengths in the area of smart grids. Both parties have agreed to undertake the following activities during the term of this MoU:
As a region, South-East Asia has the highest projected GDP growth rates and is a rising smart grid market that offers substantial consumer benefits and vendor opportunities. By 2025, Southeast Asian countries will likely have an electricity demand profile similar to Latin American and Eastern European countries.
Cyient has been an industry leader for the past 20 years and has played a crucial role in helping utilities realize their smart grid vision. Cyient is a major system integrator in South-East Asia region, and has implemented AMI and smart grid projects and is working with UNITEN to recommend a framework to improve their operations. Over the past few years, Cyient has worked with TNB in rolling out its enterprise GIS and AMI pilot projects for Melaka and Putrajaya.
"This collaboration is a major milestone for Cyient and UNITEN in taking our relationship to the next level. We are looking forward to a long-term collaboration with UNITEN in creating smarter, cleaner electricity systems," said Mr. Sanjay Krishnaa, Senior Vice President and APAC Head of Cyient Ltd.
"We are happy to collaborate with Cyient to leverage their smart grid expertise and implementation experience for the growing smart grid market in South-East Asia. UNITEN, being an integral part of TNB, is distinctively positioned to progress in the rapid evolution of the smart grid market," said Assoc. Prof. Dr. Ong Hang See, Deputy Dean, Research & Postgraduate Studies for College of Engineering, UNITEN and key initiator of this project.
Cyient is a global provider of engineering, data analytics, networks and operations solutions. We collaborate with our clients to achieve more and shape a better tomorrow.
With decades of experience, Cyient is well positioned to solve problems. Our solutions include product development and life-cycle support, process and network engineering, and data transformation and analytics. We provide expertise in the aerospace, consumer, energy, medical, oil and gas, mining, heavy equipment, semiconductor, rail transportation, telecom and utilities industries.
Strong capabilities combined with a global network of more than 12,500 associates across 38 global locations enable us to deliver measurable and substantial benefits to major organizations worldwide.
For more information about Cyient, visit www.cyient.com.
Universiti Tenaga Nasional (UNITEN) is a unique institution, providing both academic programmes and engineering technology skills training within the same campus. The university's programmes are focused on engineering, information technology, business management and related areas. UNITEN not only prepares its graduates to become knowledgeable and competent professionals, but also to develop them as well-rounded individuals with broad intellectual outlook. UNITEN is one of the first private universities in Malaysia and is wholly-owned by the public-listed Tenaga Nasional Berhad (TNB), one of the largest utility companies in South-East Asia. Though relatively new as a university, UNITEN is moving rapidly towards establishing itself as the regional centre of educational excellence. The support and commitment it receives from its holding company, TNB, has enabled it to accelerate the infrastructure development of the campus.
Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.