IESCO, LESCO To Move On AMI Metering System Soon

IESCO, LESCO to move on AMI metering system soon

Lahore Electric Supply Company (LESCO) and Islamabad Electric Supply Company (IESCO) would install AMI meters shortly with the financial assistance of Asian Development Bank (ADB)

Islamabad (Pakistan Point News / Online - 24th April, 2019) Lahore Electric Supply Company (LESCO) and Islamabad Electric Supply Company (IESCO) would install AMI meters shortly with the financial assistance of Asian Development Bank (ADB) .This was told to a meeting which was held to review the 488 million Dollars project here on Wednesday under the chairmanship of Secretary Power Division Irfan Ali.The meeting was apprised that the project in both DISCOs is in advance stage and bidding evaluation process is under way in IESCO and LESCO bids are ready to be floated.

The meeting was further briefed that in LESCO the AMI project cost is estimated at 300 million dollars while that of IESCO its estimate are around 188 million dollars with 80% ADB and 20% own source funding module.Secretary Power Division while expressing satisfaction over the process emphasized ensuring transparency during all stages of the project execution. He further directed that the AMI meters should be user friendly for consumers in both the DISCOs.The meeting was attended by high officials of Power Division, PEPCO, CEO IESCO, ADB and LESCO teams working on the project.