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Landis +Gyr Wins Major Contract from West Bengal State Electricity Distribution

Kolkata, India and Sydney, Australia June 17, 2014 – Landis+Gyr, the leading global provider of integrated energy management products, has secured another big contract in India for more than one million digital meters from utility WBSEDCL, which is the public utility responsible for power distribution in the state of West Bengal and is headquartered at Kolkata.

WBSEDCL is one of the most respected distribution utilities in India and have been aggressively replacing its meter park with high quality electronic meters since 2009. This order is intended for this ongoing grid modernization and electrification efforts. The utility supplies 96% of power in the state of West Bengal, including parts of city of Kolkata.

“We are immensely pleased with the announcement. It is the fifth successive order awarded to us by WBSEDCL. Our commitment to quality and customer focused approach has gone a long way in securing this major order.” stated Sandip Mukherjee, CEO for Landis+Gyr India.

Landis+Gyr won the order after having successful met the tough delivery schedule for the earlier 1.5 million meter order received and delivered in 2013. The company’s innovative customer focused team and dedicated manufacturing set-up at Landis+Gyr’s Joka unit were important differentiators in this latest tender result. Landis+Gyr have supplied a total of 3.5 million meters to WBSEDCL in last 5 years.

“Landis+Gyr is proud to have once again been selected for a large-volume meter contract in India, demonstrating that our status as a trusted partner has been a key driver of our strong momentum across the region”, added Oliver Iltisberger, Executive Vice President of Landis+Gyr Asia Pacific, “and is further evidence of our ability to help Asia Pacific based utilities manage energy better.”

About Landis+Gyr
Landis+Gyr is the leading global provider of integrated energy management products tailored to energy company needs and unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.5 billion, Landis+Gyr, an independent growth platform of the Toshiba Corporation (TKY:6502) and 40% owned by the Innovation Network Corporation of Japan, operates in 30 countries across five continents, and employs 5,200 people with the sole mission of helping the world manage energy better.

Media Contact:
Milan Vrkic
+61 2 9690 7494