15 July 2025
Wasion announced that it has been awarded a smart meter tender contract by Mexico’s Federal Electricity Commission (CFE) last month, valued at over MXN627.4m. This was followed by a previous supply agreement signed with CFE in March 2025, worth more than MXN1.5b. As the state-owned electric utility serving around 50 million customers, CFE plays a pivotal role in Mexico’s power sector. With these two contracts, Wasion Mexico’s cumulative smart meter wins from CFE now exceed MXN2.1b as of 1H25, underscoring its strong market leadership and brand recognition in the region.
In addition, Wasion Group (Tanzania) Limited, the company’s Tanzania-based subsidiary, secured a smart meter tender from Tanzania Electric Supply Company Limited (Tanesco) on last month, totaling approximately RMB61.0m. Tanesco, Tanzania’s sole state-owned power provider, serves roughly 15m users nationwide.