Cyient LTD to invest RM100k for Uniten smart grid technology

Cyient LTD to invest RM100k for Uniten smart grid technology

Cyient Limited, a global provider of engineering, data analytics, network and operations solutions, will invest RM100,000 initially to provide smart grid technologies to Universiti Tenaga Nasional (Uniten).

Smart grid is a form of electricity network utilising digital technology and connects suppliers, distributors and consumers.

Asia Pacific Cyient Ltd Vice-President Sanjay Krishna said the increasing demand for electricity in Malaysia and consumer expectation of increased reliability and better quality has led to the creation of an intelligent utility network known as the smart grid.

The Malaysian government was looking forward to optimise the use of energy resources in the country and urged Tenaga Nasional Bhd to lead the development of new ideas and solution for the countrys Smart Grid programme, he told reporters after the signing ceremony between Uniten and Cyient here yesterday.

UNITEN, a wholly owned subsidiary of TNB signed a memorandum of understanding (MoU) with Cyient for joint research partnership in smart grid technologies.

Under the MoU, Cyient and Uniten agreed to develop and maintain an ongoing, mutually beneficial relationship for study, research and development on the smart grid.

Source: Borneo Post online

Smart Grid Bulletin April 2018

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