Smart Electricity Meter Project Awaits Funds
Smart Electricity Meter Project Awaits Funds
Wednesday, May 23, 2018

Smart Electricity Meter Project Awaits Funds

Wednesday, May 23, 2018

Smart Electricity Meter Project Awaits Funds

The venture to complete the replacement of 450,000 old electricity meters with smart ones needs an additional 2.5 trillion rials ($59 million), director of the plan (named Faham in Persian) said on Monday.
“As soon as the line of credit is opened, the project to monitor energy consumption more precisely will be implemented thoroughly,” Hadi Modaqeq was also quoted as saying by ISNA, adding that financial barriers are an impediment to the project’s implementation. The official noted that the transfer of Faham project from the Renewable Energy and Energy Efficiency Organization (Satba) to the Iran Power Generation, Distribution and Transmission Company (Tavanir) is being carried out.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/rQo26u
  1. https://goo.gl/wuj1oL
  • https://goo.gl/DkVFDC
  • https://goo.gl/CUQjb5
  • https://goo.gl/T36yjX
  • https://goo.gl/o9e4b1

You can also read ...

China Rejects US Sanctions, Vows to Continue Iran Crude Purchase
As the US and Iran continue to trade barbs over the...
India Vying for US Waiver
India, the second biggest crude customer of Iran, may cut its...
Venezuela Braces for Pricey Gasoline
Gasoline prices in Venezuela will soon catch up with world...
Zanganeh to Attend OPEC, Non-OPEC Committee Meeting
Iran's Oil Minister Bijan Namdar Zanganeh will attend a...
S. Korea Iran Crude Imports Up 15%
South Korea’s imports of Iranian crude rose around 15% in July...
Indonesia Cuts Oil Imports
Indonesia’s PT Pertamina will get an extra 225,000 barrels per...
UK's Quercus Halts Iran Renewable Project
British renewable energy investor Quercus said it will halt...
NPC Not Worried About Exports
The National Petrochemical Company is not concerned about...

Add new comment