Asian Development Bank (ADB) has decided to conduct feasibility in PESCO, HESCO and SEPCO for the installation of smart (AMI) meters in the gas sector. These smart meters will help to reduce losses for the companies.
Werner Liepach, Asian Development Bank Director General for Central and West Asia told the Federal Minister for Power and Petroleum Omar Ayub Khan that ADB is ready to negotiate the introduction of smart metering infrastructure in the gas sector in order to make it more efficient and reduce losses. This will also help to introduce international standards of transparency and quality in the projects in order to make these more beneficial for both Government and people of the country.
The Federal Minister announced that he will conduct twice a month review meetings on the progress of projects initiated in assistance of ADB to ensure their timely completion besides removal of all bottlenecks.
Xiaohong Yang Country Director ADB Pakistan and other senior officials of Power Division and ADB attended the meeting.