Landis Gyr picked to help build China smart grid

Beijing, January 6, 2011 — The State Grid Corporation of China chose Landis+Gyr to supply more than 10,000 commercial and industrial advanced electricity meters for upcoming deployment in six provinces.

Landis+Gyr, which operates manufacturing and research and development facilities in China with more than 300 employees, was the only international smart meter vendor to win a contract to supply the polyphase commercial and industrial smart meters, which will provide digital accuracy and reliability.

Twenty-five meter suppliers competed in the bidding process, widely seen as the first phase in a larger and more ambitious countrywide deployment.

"It would be difficult to overestimate the importance of this initial contract given the State Grid Corporation of China's stated determination to build a smart grid in the areas it operates," said Oliver Iltisberger, Landis+Gyr's Executive Vice President, Asia Pacific region. "Landis+Gyr are thrilled at the prospect of partnering with the State Grid Corporation to help Chinese businesses and consumers manage energy better in the world's fastest growing economy."

In March 2010, Chinese Premier Wen Jiabao called for "pushing forward with building a smart grid" in an annual report to the National People's Congress.

Landis+Gyr is helping design the smart grid of the future by connecting utilities and consumers around the world via so-called smart meters, devices that provide two-way communication designed to save energy, cut costs and reduce greenhouse gas emissions.

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