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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    LSIS Inks $52m Smart Metering Deal

    Neno
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    LSIS Inks $52m Smart Metering Deal Empty LSIS Inks $52m Smart Metering Deal

    Post by Neno Fri 16 May 2014, 9:32 am

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    Posted on 15 May 2014.

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    By John Lee.


    Korean company LSIS said on Wednesday that it has signed a $52 million deal with the Iraqi government to supply its patented advanced metering infrastructure (AMI) solutions.

    The company will supply 110,000 smart meters that track energy consumption at power transmission centers in Iraq. The transmission centers will then share all relevant information with the power distribution control center to simplify smart grid management. LSIS will also build 19 AMI centers across the country.

    According to a report from the Korea Times, the deal brings the company’s total business dealings in Iraq to $500 million since 2011, most of it in power plant contruction.

    “The latest achievement means that LSIS can supply integrated electricity solutions in all related areas other than power development in Iraq,” said spokesman Kim Bong-kyu.

    (Sources: Korea Times, Korea Joongang Daily)


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