Pakistan has taken a major step toward digitizing its power sector by signing a Transaction Advisory Services Agreement with the World Bank Group-backed International Finance Corporation (IFC) to roll out smart meters for 10 million electricity connections.
Under the agreement, the IFC will act as transaction advisor and carry out a comprehensive techno-commercial assessment to support a service-provider or public-private partnership model for large-scale deployment.
The initiative is aimed at attracting both local and international investors to finance, install, operate, and maintain the smart metering infrastructure.
The move is part of efforts to digitize Pakistan’s power distribution system, replacing outdated infrastructure with modern technology to improve transparency, efficiency, and financial sustainability.
Smart meters, also known as Advanced Metering Infrastructure, will allow real-time monitoring of electricity usage, reduce theft through detection systems, improve billing accuracy, and minimize manual intervention. The government has already reduced the cost of smart meters by 40 percent through competitive bidding, lowering the financial burden on both the state and consumers.
As part of the rollout plan, all distribution companies have been directed to install smart meters for every new connection, eliminating the issuance of traditional meters going forward.
In addition, all existing three-phase meters will be converted to smart meters within a defined timeline.
“Theft friendly electricity system”. beautiful usage, amazing, how did you coin this.
installing smart meter in a dumb system does make the system advanced, commonsense is still many lightyears away from our leaders.
There seems to be no benefits for the consumers as regards Smart electricity meters as they will be altered as usual to show fast consumption
6 Mahinay Pahaly Aye Thy Gepco Walay Masjid Mein Alan Kiya Ki Sim Walay Meter Lagne Hain Tamam Hazrat Apna Bill Aur ID Ka indraj Karway Kuch B Nhi How Abhi Taak Srip Jin K Old Ya Purany Meter Un Ko Replace Kar Rahain Baqi Exciting Customer Ko Nhi Laga Kar Day Rahain Hain Hum indraj Karwane Ka Kiya Fayida Humra Waqat Hi Barad Kiya Gepco Walo Ne 6Month Ho Gye Par Old Meter Ko Hi Laga Kar Day Rahain Hain Ya Jin indraj Kiya Un SAB Ko Laga Day Na Gepco
I think it is just burden on consumers and trick generate the revenue these smart meters billing will automated system but currently it is need to upgrade the sluggish distribution system and control of line losses.moreover need to improve the generation of new electricity for Pakistani people’s and say bye the load shedding.
Thanks