Lahore: The Lahore Electric Supply Company (LESCO) Board has authorized the release of PKR 8 billion for the smart electric meter installation project in the city, news sources reported on December 26.
The project will be fully funded by the LESCO and will generate PKR 4.99 billion in the next five years as part of the project’s feasibility and return. As per the sources, the meters that are planned to be installed in the first quarter of 2023 will help prevent electricity theft and monitor line losses. These new smart electric metres are estimated to be useful for up to 20 years, which will further reduce replacement charges and costs. In addition to this, the meters will be temper proof which will reduce manpower consumption for meter readings. The project will be launched in a pilot phase in the next few months and then extended to the rest of the city.
It is important to note that LESCO and other power distribution companies are battling with an endemic problem of line losses and electricity theft due to old and obsolete electrical systems installed. In a similar development, WASA has already contracted a Chinese firm for the installation of smart water meters for water that will also be installed next year.
Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.
