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Govt turns to global lenders for smart meters

Federal Minister for Economic Affairs and Establishment Division Senator Ahad CheemaThe government has drawn up a plan to modernise the country's electricity distribution network by installing smart meters on transformers operated by all power distribution companies (Discos), with billions of dollars in loans expected…

Govt turns to global lenders for smart meters
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Federal Minister for Economic Affairs and Establishment Division Senator Ahad CheemaThe government has drawn up a plan to modernise the country's electricity distribution network by installing smart meters on transformers operated by all power distribution companies (Discos), with billions of dollars in loans expected…

Pakistan
22MEDIA REPORTPakistan
1 min read

The Economic Affairs Division is working to arrange the required funding through multilateral financial institutions.According to a private television channel, the matter was discussed at a meeting chaired by Federal Minister for Economic Affairs and Establishment Ahad Cheema, where development projects of electricity distribution companies were reviewed.The meeting also examined possible arrangements for securing financial resources to install smart meters on transformers operated by all Discos.Participants were informed that the….

An official statement issued after the meeting confirmed that smart meters would be installed across electricity distribution companies nationwide.

Unless otherwise stated, all content is Govt turns to global lenders for smart meters Our Correspondent | Updated 4 minutes ago | .

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